Sign in
Stories
UK Business Pessimism, Wage Growth Cooling, and Euro Zone Labor Market
Share
UK Business Pessimism, Cooling Wage Grow...
UK Economic Challenges: Unemployment Mea...
UK Inflation Expected to Fall, Unemploym...
Challenging Employment Norms: Reintegrat...
Christmas Recruitment Props Up UK Jobs M...
Global Economic Update: Rates, Growth, U...
Overview
API
UK businesses are becoming more pessimistic, leading to hiring freezes and staff cuts. Wage growth in the UK has cooled slightly, easing pressure on the Bank of England to hold interest rates. The euro zone labor market shows no signs of weakening despite a near recessionary environment. UK wage growth slows as the Bank of England raises interest rates to tame inflation.
Ask a question
How might the cooling wage growth impact the overall economy?
What factors are contributing to the pessimism among UK businesses?
What measures can be taken to strengthen the euro zone labor market?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Coverage