Private Sector Pay to Decline Further in Q3 as Employment Falls

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Pay Growth Turns Negative

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Private Sector Pay Weakening as Pay Falls

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Sharp Drop in Pay Growth as a Result of Covid-19

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First Signs of Severe Labour Market Impact of Covid-19

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Wage Growth to Slow Further

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Wage Growth Likely to be Hit by the Covid-19 Outbreak​

Figure 1 – Average weekly earnings growth (per cent per annum)

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Slight rebound expected for earnings growth

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Real pay growth to strengthen at start of 2020​
 

Figure 1 - Average weekly earnings growth (per cent per annum)

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Year Ends With Softer Pay Growth

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