From the TUC

Britain still needs a pay rise – real wages are falling again

30 May 2017, by in Economics

Are you feeling the pinch? That’s because real wages are falling – again.

In 2016, average real weekly pay (that’s pay once inflation has been taken into account) for UK workers was around £24 less than it was back in 2008. This adds up to over £1,200 a year.

The UK is one of few developed countries where wages have fallen since the 2008 crisis. That’s why falling pay needs to be an election issue. People are seeing prices go up, but wage packets are not keeping pace. And that means debt is rising too.

The whole country is suffering from this pay squeeze. Workers in Yorkshire and the Humber, for example, have seen their average wage fall nearly £1385 since 2008. Those in East Midlands have experienced a real wage fall of over £1801.

How different areas have been hit by the pay squeeze:

Workers pay is worth less

Britain still needs a pay rise.

That’s why we want the next government to act fast. They need to:

  • set out how they’re going to make sure everyone has a decent job
  • boost the national minimum wage to £10ph as soon as possible
  • make sure more workers get the top rate of national minimum wage – those aged 18-24 currently get 45p an hour less
  • get rid of public sector pay restrictions, that are artificially holding down pay for nurses, teachers and other public servants
  • make sure unions can get into more workplaces to help push up pay for everyone

The next government must tackle this looming living standards crisis. All candidates and parties looking for our votes have to show us that they have a plan to get wages rising and win great jobs for everyone, everywhere in the UK.

That’s why at this election, the TUC is shouting out: “Britain still needs a pay rise!” Join us.

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2 Responses to Britain still needs a pay rise – real wages are falling again

  1. This election is a chance for a new deal for working people: Let’s not waste it
    Jun 6th 2017, 9:07 am

    […] than inflation again next year, adding to the strain on household budgets. The average worker is £1,200 worse off in real terms than they were in 2008. As personal debt rises past the levels we saw just before the crash, this […]

  2. Can devolution generate inclusive growth in the West Midlands?
    Jun 13th 2017, 11:11 am

    […] The West Midlands hasn’t lost all its good quality industrial jobs. But since the labour market recovery began in 2011, 28 per cent of the jobs created in the West Midlands have been insecure; whether due to low-paid self-employment, zero hours contracts, casualization, or working through an agency. Workers in the region earned almost £900 less per year in 2016 than in 2008. […]