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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Record pay squeeze revealed, unemployment rate steady at 3.8%

Unemployment

Earnings in real terms have fallen by a record 3% as workers continue to be squeezed by soaring prices, official figures showed today.

Regular pay excluding bonus payments went up by 4.7% in the three months to June, a better-than-expected figure but representing a record fall when adjusted for inflation.

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