United Kingdom - Earnings have not recovered from the recession - February 29, 2016

Trade union GMB published data and tables that reveal that the real value of earnings has not recovered from recession since 2008. Overall in 2007 average earnings for all employees were £30,015. In 2015 average earnings have increased by 12.2% to £33,689. During this period inflation has been 25.6%. This still leaves average earnings for all employees 13.4% below 2007 level. The worst hit group has been workers in the caring, leisure and other service occupations group of jobs, which is still 15.4% below its value in 2007. Overall in 2007 earnings for this group were £16,455. In 2015 earnings increased by 10.2% to £18,130.

English: http://www.gmb.org.uk/newsroom/pay-down-since-2007    

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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