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Pay jumps as job vacancies continue to fall

Pay jumps as job vacancies continue to fall Pay jumps as job vacancies continue to fall

Pay growth has picked up for the first time in more than a year, according to the latest official figures.

Regular pay, which excludes bonuses, grew at an annual pace of 5.2% between August and October, the Office for National Statistics (ONS) said.

The number of job vacancies in the UK fell again, but still remains above pre-pandemic levels.

The unemployment rate was unchanged at 4.3%, although there are questions over the reliability of the jobs figures from the ONS due to issues with how it gathers the data.

This article was originally published at www.bbc.com

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