Wages are rising at the fastest rate for 20 months following the UK’s historic Brexit vote, apparently thanks to a combination of some EU nationals returning home and a fall in the number of job applicants.
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New figures from the Recruitment and Employment Confederation (REC) show the starting salary for permanent workers is increasing.
REC Chief Executive Kevin Green said: “Starting salaries are also still rising, so for workers who want to boost their earnings now is a good time to consider moving job.”
He went on: “It’s clear that employers are having to work even harder to fill jobs as vacancies rise and candidate availability shrinks.”
This is great news for British workers who, for too long, have seen their wages dragged down by an over-competitive market fuelled my mass economic migration.
Brexit promised to put more money into British workers’ pockets and it’s delivering. Now we need a government that will end mass migration and start delivering for British workers.