Housebuilders putting the brakes on jobs keeps lid on wage inflation, payroll firm says

By Tom Lowe2022-02-14T01:30:00

Hudson Contract reports average earnings fell 10% last month compared to December’s number

Housebuilders worried about customers’ ability to buy their homes helped keep a lid on wage inflation last month, a leading payroll firm has said.

Average earnings plunged by 10% last month compared to December, according to Hudson Contract, with the average figure across all regions now £863 per week.

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