UK real wages rise, but drop in EU workers could hurt NHS – business live

Basic pay in Britain is rising faster than inflation, but Germany has suffered a growth slowdownBreaking: UK jobless rate sticks at 42-year lowRegular pay up by 2.9%, beating inflationBut total pay growth down to 2.6%Number of EU citizens working in UK drops by 28kEarlier:Germany only grew by 0.3% in the last quarterImports and exports have both fallenING: It’s a black eye 2.48pm BST Back with the UK employment figures and the fall in EU workers, and the Press Association has more details:Labour market data released by the Office for National Statistics showed the fall [in the number of EU nationals] was driven by a steep drop in the number of workers from the eight eastern European countries that joined the EU in 2004.In the latest period, there were an estimated 917,000 nationals of the so-called EUA8 countries – Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia – in work in the UK. 2.37pm BST Donald Trump’s surprise move to support Chinese group ZTE over the weekend prompted hopes of progress in trade talks between the US and China. But ahead of new meetings in Washington, US ambassador to China Terry Branstad has said the two sides were still “very far apart,” prompting an opening fall on US stock markets.So despite the reasonable US retail sales figures, the Dow Jones Industrial Average is currently down 151 points or 0.59% while the S&P 500 opened 0.42% lower and the Nasdaq Composite down 0.67%. Continue reading…
Via: UK real wages rise, but drop in EU workers could hurt NHS – business live