Going down faster than NLyUK

[BlasterBates]

sometimes you need crayons to explain...

when there is a shortage of labour willing to work for pennies the employers will need to put up wages.

there isn't a skill shortage, just a shortage of people willing to work for peanuts.

How do you explain wages across the rest of the EU eg Germany and France going up rather than being stagnant as in the UK ?

https://tradingeconomics.com/germany/wages

and that is even after their wages have jumped 15% at least in pounds last year due to the devaluation.

[PurpleGorilla]

Going down faster than NLyUK

Easy - employers will do nothing and keep wages low. Why do they have to increase them?

Wrong

https://uk.reuters.com/article/uk-br...-idUKKCN1BJ005

[GJABS]

The fact that net migration is above zero at all means there are more people in the country than before. So why would you expect wages not to continue to fall?

[vetran]

Easy - employers will do nothing and keep wages low. Why do they have to increase them?

The last thing the economy needs is increased running costs and until the productivity issue is sorted out then a recession can be expected. The Brexit mob will call this a success no doubt,

sometimes you need crayons to explain...

when there is a shortage of labour willing to work for pennies the employers will need to put up wages.

there isn't a skill shortage, just a shortage of people willing to work for peanuts.

[scooterscot]

https://www.theguardian.com/uk-news/...-records-began

Oh Dear how will we keep wages down?

Easy - employers will do nothing and keep wages low. Why do they have to increase them?

The last thing the economy needs is increased running costs and until the productivity issue is sorted out then a recession can be expected. The Brexit mob will call this a success no doubt,

[vetran]

https://www.theguardian.com/uk-news/...-records-began

Net migration to Britain over the past 12 months has fallen by the largest amount since records began, with EU nationals accounting for three-quarters of those who chose to return to their native country, official figures show.

In strong evidence that a “Brexodus” is getting under way, the latest official figures show net migration to Britain fell by 106,000 to 230,000 in the 12 months to June.


The Office for National Statistics said three-quarters of the 106,000 reduction in net migration from its 336,000 peak in June 2016 – the month of the referendum – was accounted for by European Union nationals.

The figures show that the number of EU citizens leaving the UK rose by 29% to 123,000 with 43,000 saying they were returning home. This is the highest level of EU emigration from Britain since the 2008 recession.

More EU migrants are still coming to live in Britain than leaving but their numbers are down 19% in the 12 months since the Brexit vote, from 284,000 to 230,000. The largest falls are among French, Germans, Spanish and Poles.

Oh Dear how will we keep wages down?