US News: Great Britain: The labor market decelerates, inflation amputates wages

United Kingdom: The fight against the economic crisis will have to wait for the successor of Boris Johnson

 United Kingdom: The fight against the economic crisis will have to wait for the successor of Boris Johnson according to Downing Street, "it will be up to the future Prime Minister" to take care of "making major budgetary changes" © Matt Dunham/ /Sipa British Prime Minister Boris Johnson in front of the 10 Downing Street, in London on July 20, 2022. DESEGRAGAGE - According to Downing Street, "it will be to the future Prime Minister" to take care of "to make major budgetary changes" Fight against Inflation and the recession will have to wait in the United Kingdom.

GB-Economy-Chomage: Great Britain: The labor market is decelerated, inflation ampute wages

GRANDE-BRETAGNE: LE MARCHÉ DU TRAVAIL DÉCÉLÈRE, L'INFLATION AMPUTE LES SALAIRES © Reuters/Toby Melville Grande- Brittany: The labor market decelerates, inflation ampute

London wages (Reuters) - Employment in the United Kingdom remains dynamic but has started to decelerate in the second quarter, show official statistics published on Tuesday, companies braking recruitments And wages excluding inflation spicy nose.

The unemployment rate certainly remained stable at 3.8% on April-June, not far from its lowest level in half a century, despite fears of recession, still relayed at the beginning of the month by the bank of England (BOE).

Inflation: Germany will adopt a package of tax measures valued at 10 billion euros to mitigate the surge in

 Inflation: Germany will adopt a package of tax measures valued at 10 billion euros to mitigate the surge in prices among these measures is the increase in the amount of family allowances. © supplied by Franceinfo Germany wants to limit the Inflation at all costs. The German Minister of Finance, Christian Lindner, announced on Wednesday August 10, that Berlin was going to adopt a series of tax measures in the amount of 10 billion euros in 2023 to alleviate the flight of prices .

But the number of people with a job has increased only by 160,000 compared to the previous quarter, a figure significantly lower than expectations since the economists interviewed by Reuters tapped on 256,000.

The number of unemployed has increased slightly with the return to the job market of thousands in people looking for a position.

The number of posts to be filled, at 1.274 million, remains close to its highest historic level but it has decreased for the first time since mid-2020.

"Even if recruitments slow down, we expect the unemployment rate to remain relatively stable until the end of the year" due to the persistent lack of labor, commented Jake Finney, economist of Pwc.

The Bank of England estimates that the unemployment rate will only start to go back in mid-2013, reaching 6.3% within three years.

of foreign workers demonstrate in Qatar due to unpaid wages

 of foreign workers demonstrate in Qatar due to unpaid wages supplied by Sofoot We are already waiting for The above-ground answer from Gianni Infantino . Tens of foreign workers from Qatar demonstrated on Sunday before the Ministry of Labor in Doha. They protest against delays in payment of their wages. Quite rare demonstrations in the city center, according to specialists in the Middle East. Events that occur three months from the start of the World Cup in the emirate.

Statistics published on Tuesday also show an increase of 4.7% of wages excluding premiums in the second quarter compared to the corresponding period last year. But once adjusted to the increase in consumer prices, remuneration accuses a drop of 4.1%, of the unheard of since the start of monitoring this indicator in 2001.

"The extent of the deterioration of wages is Even even more marked than the official figures suggest because the estimated increase in wages remains artificially doped by the effects of the partial unemployment compensation mechanism in force last year, "notes Nye Cominetti, senior economist of the resolution circle Foundation.

The monthly consumer prices figures will be published on Wednesday and the reuters consensus awaits them up 9.8% over one year. The BO is expecting inflation to reach 13.3% in October, at the highest since 1980.

(report William Schomberg and David Milliken, French version Marc Angrand, edited by Kate Entringer)

United Kingdom: The strike in a port threatens the supply of supermarkets .
© Ben Stansall / AFP U not growing to denounce the consequences of Inflation . The ongoing strike for wages in the largest FRET port of the United Kingdom will result in "serious disruptions" in the logistics chain, said on Monday, a UNITE union official.

See also