Juice read with great interest, that pay is falling for the first time since the summer, as inflation bites and interest rates are set to rise.
Whilst the jobs market remains healthy, rising prices could lead to a considerable squeeze on living costs.
ONS director of economic statistics Darren Morgan said: “The number of employees on payrolls continued to rise strongly in December, with the total now well above pre-pandemic levels.”
Vicky Kingston, MD of Juice Recruitment says: “We are so pleased to see employment continuing to rise however, it is important that pay follows in the same way.”
If you would like more information on the recruitment and employment market, please contact Juice today!
jennyg@juicerecruitment.com
