The recent rise in the share of people working part-time but who would like to work longer will continue to restrain wage growth for another couple of years yet. This part-time problem means that a further fall in the unemployment rate is unlikely to lead to much higher wage growth.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services