Wage growth falls for first time in 12 months – Employment Hero
The data showed monthly wage growth dropped by 1% compared to December.
Wages fell in January for the first time in a year, according to Employment Hero’s January Jobs Report.
The data showed monthly wage growth dropped by 1% compared to December.
Wage growth in the North took the biggest hit, down 4.9% month-on-month.
Even with this drop, year-on-year wage growth was up 5.6%.
This is a shift from a -2.6% dip recorded in January last year and is the first time since June 2025 that wages have risen above inflation.
Employment growth saw a small rise, up 0.6% compared to December.
This followed a period of decline, but the numbers suggest a gradual recovery.
Year-on-year, employment growth went up 4.4% in January, compared to 2.5% the month before.
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