AWE growth but not private sector

Our data shows no change or a slight decrease in pay settlements in August, but this is still based on very thin data, as much bargaining is suspended or frozen.

In August, the median pay increase in collectively agreed settlements from LRD’S Payline database stayed steady at 2.6%.

Official figures for average weekly earnings in July for regular pay (excluding bonuses) in the whole economy rose slightly to 0.9%, with big increases in public sector pay of 4.1% offset by weak growth in the private sector of 0.1%. Construction remains in negative territory at -4.8% as do wholesale, retail, hotels and restaurants at -1.7.

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours

www.lrd.org.uk/index.php?pagid=18