United Kingdom - Blog describes fall in real wages - June 30, 2017

Two researchers associated to the London School of Economics published an election analysis report on real wages and living standards. Since the global financial crisis of 2007/08, workers’ real wages and family living standards in the UK have suffered to an extent unprecedented in modern history. The research, presented with data and figures, shows that real wages of the typical (median) worker have fallen by almost 5% since 2008, while real family incomes for families of working age have just about recovered to pre-crisis levels. Almost all groups of individuals and families – with the exception of minimum wage workers and pensioners – are no better off on average than they were in 2008.

English: http://blogs.lse.ac.uk/businessreview/2017/06/01/whats-happening-with-real-wages …   

The report: http://cep.lse.ac.uk/pubs/download …  

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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