![[UK] Private sector wage growth drops to a five-year low](http://gpa.net/cdn/shop/articles/bigstock-LONDON-UK--SEP---London-Un-61473836_1_1200x.jpg?v=1769037742)
In the UK, new official Office for National Statistics (ONS) figures have revealed that private sector wage growth has dropped to its lowest rate in five years, Sky News reports.
Public sector wages are still "elevated" according to the ONS, as a result of the continued impact of earlier pay deals.
Public sector workers reportedly saw a 7.9 per cent increase in their annual earnings, while private sector staff had an average rise of 3.6 per cent.
The figures demonstrate that the UK's workforce is still getting pay rises. They are just smaller than before.
Source: Sky News
In the UK, new official Office for National Statistics (ONS) figures have revealed that private sector wage growth has dropped to its lowest rate in five years, Sky News reports.
Public sector wages are still "elevated" according to the ONS, as a result of the continued impact of earlier pay deals.
Public sector workers reportedly saw a 7.9 per cent increase in their annual earnings, while private sector staff had an average rise of 3.6 per cent.
The figures demonstrate that the UK's workforce is still getting pay rises. They are just smaller than before.
Source: Sky News
