Unemployment at lowest rate in nearly 50 years

According to the Office for National Statistics (ONS), the unemployment rate decreased to 3.5% in the three months ending in August

The pinch on salary, however, continues as regular wage increases fall short of keeping up with the rising cost of living.

The value of regular pay decreased by 2.9% after accounting for price increases, according to the ONS.

Price increases are measured by inflation, which is still very near to a 40-year high.

The value of regular pay decreased by 2.9% after accounting for price increases, according to the ONS.

According to the ONS, normal pay, which includes incentives, increased at an annual rate of 5.4% from June to August.

Instagram
Facebook

Follow us on

wealthbaba.in

Wealth Baba

+91-7977479131

Down More Than 60%: Analysts Say Buy These 3 Beaten-Down Stocks Before They Rebound