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The Guardian:
Wage growth, the fatal flaw in George Osborne's economic storyline

6 March 2016

David Blanchflower and Stephen Machin, in a report for the London School of Economics' Centre for Economic Performance, don't rule out a return to 4%-plus wage rises at some point. It was the norm before the 2008 banking crash and could be the average again. And there is an argument that wages must recover as long as unemployment keeps falling and vacancies pushes to new highs.

This article was published by The Guardian on March 6, 2016
Link to article here

Related Publications
The Current 2% UK Wage Growth Norm, David Blanchflower and Stephen Machin, CEP Real Wages Updates Paper No. RWU005, March 2016

Related Links
Stephen Machin webpage
Labour Markets Programme webpage

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