Real wages grew in August, for the first time since the recession, as year-on-year advertised salary growth outpaced the rate of inflation, according to the latest UK Job Market Report from the website, Adzuna.
Average advertised salaries rose to £34,463 in August, up 1.9% from £33,873 in August 2013, compared to a CPI inflation rate of 1.5% over the same period. In real terms, advertised salaries climbed £149 over the last twelve months – the first growth in real terms since the financial crisis. At the same time, the…
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