BCC RESPONDS TO LATEST ONS LABOUR MARKET FIGURES

Commenting on the ONS Labour Market statistics for March 2022, BCC Head of Economics, Suren Thiru, said: “Rising payroll employment and declining unemployment suggests that demand for workers remains robust despite growing headwinds. “Although there was a modest pick-up in regular pay growth, wages are still comfortably trailing behind inflation, which is putting the brakes on consumer spending by eroding…