Wage Deflation Comes To Britain

[cieldumort]

Times Online: The new worker's dilemma: take a pay cut or risk getting the sackStruggling businesses are making plans to cut workers’ pay as Britain slides into its deepest recession since the Second World War

Comments

[fischlehrer]

it's happening here too..just not in the financial sector enough.:)

[cieldumort]

Yep. I see wage deflation all over the place in this country.