Wage increases could push up unemployment, Bank of England warns

Lower wage increases meant unemployment during the recession peaked at a lower rate than previous economic downturns, according to the Bank of England’s latest report.But the outlook for the jobs market is uncertain if workers demand inflation-matching wage increases during a weak economic recovery, the Bank’s first quarterly bulletin for 2010 has warned.
 

Language does not simply reflect what is going on in organisational life: it also influences what people think and what they do

Linda Holbeche, director of the Holbeche Partnership and visiting professor of HRM/OD at Cass Business School