Economic Crunch: UK Braces for Wage Slump and Job Scarcity Amid Rate Hikes
Interest rates are impacting all sectors, and as a result, wages might decrease soon. At the same time, job seekers may notice jobs becoming all the more scarce. Here are some of the challenges the UK faces. Defining Economic Inactivity The Office for National Statistics defines economic inactivity as unemployed people who have not managed … Read more