A New Year so an opportune time to do a bit of a stocktake. In this extended brief we take a look back at 2017 and ahead to 2018.
The big let down of the post-crisis recovery has been the failure of wage growth to ignite in the face of an ever-tightening labour market. Will 2018 finally be the year it changes? Prolonging the recovery might depend on it.
It’s perhaps tempting fate to say that we’ve never had it so good when it comes to the performance of the job market but things certainly haven’t been so strong for decades. Continue reading
Last week saw jobs and wages rise whilst inflation and interest rates stayed flat. Economists fret about slow productivty growth and the damage that does in the long term. But right now conditions could be much worse. Continue reading