13 September 2017
Employment growth quickens, pay growth wanes - ONS
Labour market statistics for May 2017 to July 2017 showed a 181,000 rise in employment and 75,000 fall in unemployment
Matthew Percival, CBI Head of Employment, said:
“The labour market puzzle has intensified – employment growth has quickened while pay growth has waned - continuing the squeeze on household incomes.
“Businesses need the confidence to invest to help deliver a sustainable improvement in productivity and wages. It’s therefore absolutely vital that substantive progress is achieved during the Brexit negotiations and comprehensive, time-limited transitional arrangements are agreed with all urgency.”