UK wages fall at record rate as prices soar

World

Separately, the ONS also revealed that quarterly job vacancies fell for the first time since 2020. Between May and July, they dropped by 19,800 to 1.274 million. Though the ONS points out that since vacancies fell to an all-time low between April to June 2020 in the beginning months of the Covid pandemic, they have increased by 945,000.

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