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The Wage Price Index (WPI) rose 0.9 per cent in December quarter 2023, and 4.2 per cent for the year, according to seasonally adjusted data released today by the Australian Bureau of Statistics (ABS)....
It came as GoDaddy and economics consultancy Frontier Economics published new data into impact of microbusinesses.
The Office for National Statistics said regular wages rose 1% after taking Consumer Prices Index inflation into account.
Rishi Sunak said he wanted Israel to win its war with the Gaza-based group but called for regional powers to avoid the conflict spilling over.
Regular earnings rose by a near record 7.8% in the three months to August and were 0.7% higher with inflation taken into account.
The ONS said real wages were flat over the quarter – marking the first time they have not fallen since October 2021.
The Office for National Statistics said average regular weekly earnings growth remained at a record high of 7.8% in the three months to July.
The Office for National Statistics said total pay including bonuses jumped by 8.5%.
Many countries are facing teacher shortages, and competitive salaries are ‘crucial’ to retaining teachers, a report says.
Median pay for a FTSE 100 CEO increased from £3.41 million in 2021 to £3.91 million in 2022, the High Pay Centre said.