Falling wages could hold back growth in the US and UK

The US and UK are relying disproportionately on employment growth to drive consumption, but it won't be sustainable in the long term.

Deteriorating retail conditions on both sides of the Atlantic threaten to curtail the economic recovery in the UK and the US.

Falling real wages appear largely to blame and, combined with low productivity growth, point to a difficult period for households. Unless that changes, both economies are currently on an unsustainable path.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles