Although wage growth recovered in April, sampling distortions mean that it remains much weaker than what is implied by the tightness of labour market. But even once those distortions abate, a slackening labour market should keep a lid on wage growth in the years to come.
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