Aggregate Demand and Supply

Factors affecting Aggregate Demand & Supply

Curated by Bruce Fellowes

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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics

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UK workers face return to 2006 real-term wages in ‘highly challenging’ 2023 | UK cost of living crisis | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - December 23, 2022 6:54 AM

Graham Watson's curator insight, December 23, 2022 5:33 AM

Merry Christmas from PwC, with the consultancy firm forecasting a return to 2006 in real wage terms, as the cost of living crisis continues to bite. There will also be a number of adverse social effects, rising divorce rates, lower levels of happiness, and, I suspect a slight uptick in crime levels.

frankline's curator insight, January 24, 2023 8:13 PM

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UK workers face return to 2006 real-term wages in ‘highly challenging’ 2023 | UK cost of living crisis | The Guardian