The Resolution Foundation said this was because of falling pension costs and import prices.
The link between productivity and wage growth has been temporarily severed because of falling pension costs and import prices, according to a report.
The recovery is all the more unlikely given that productivity fell by 0.6% over the same period, said the foundation. “This welcome turnaround is all the more remarkable given that output per worker – the ultimate driver of rising wages – has actually fallen.
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