Are wages rising and what does it mean for me and for the economy?
by Anna Wise
Jan 16, 2024
2 minutes
![](https://article-imgs.scribdassets.com/7yfudblflsbwnj1h/images/file26TBW07F.jpg)
Average wages in the UK have risen, and people are earning more in real terms when price rises are taken into account, official figures have shown.
But the latest dataset from the Office for National (ONS) shows pay growth has been slower in recent months, and there are ongoing signs the jobs market is weakening.
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