Economics ❯Labor Market ❯Employment Trends
Consumer Spending Inflation Job Creation Job Desirability Retail Sector Gender Wage Gap Overtime Pay Taxation Payroll Taxes National Insurance Contributions Minimum Wage History Labor Costs Intergenerational Equity Job Market Conditions Job Market Tightness
Andrew Bailey cited a cooling labour market, stubborn inflation, rising employer national insurance contributions as reasons for pausing at 4.25% ahead of the August meeting.