UK Posts Record Wage Growth Even as the Jobs Market Cools

Contributing sentiments towards policy:

62% : Most Read from BloombergAverage earnings excluding bonuses rose 7.8% from a year earlier, maintaining the fastest pace since the series began in 2001, the Office for National Statistics said Tuesday.
59% : It will add billions to public spending.
51% : Labor shortages have given workers unprecedented bargaining power, though there are signs of that many people are now returning to the labor market.
50% : The BOE expects unemployment to rise steadily to 5% by 2026 but a key question is how far it has to rise before the labor market is cool enough to take the heat out of wages, which have been bid up by workers to trying to keep up with the rising cost of living.

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