There has been a downturn in settlement levels in the chemicals, pharmaceuticals and oil industry over the past 12 months, with the median basic pay rise slipping back from 2.7% in 2018 to 2.5% over the 12 months to the end of August 2019.
Above-trend nationally negotiated settlements combined with persistent skill shortages, notably of bricklayers and carpenters, have helped to keep the construction industry's pay deals above those elsewhere in the private sector.
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