UK wages lift to decade high
Goodness knows the Brits could use some good news right now, with all the ongoing political wranglings and what-not.
Total pay growth increased to the highest level in more than ten years at +3.4 per cent for the September to November 2018 period.
Anecdotally I've heard of the reduced supply of EU labour leading to a spike in construction and trades remuneration.
Total employment was up by some +328,000 from a year earlier (3m/YoY) to a record high of 32½ million.
The unemployment rate in the UK fell from 4.1 per cent to just 4 per cent, the lowest level since 1973.
The 16-64 employment rate came in at 75.8 per cent, well up from 75.3 per cent a year earlier, to be at the highest since 1971.
Jolly nice surprise.
Back to the Brexit stuff.
