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Commenting on the latest labour market data published today (Wednesday) by the Office for National Statistics, which show pay rising by 2.4%, but higher inflation bringing real wages increases down to 1.7%, TUC General Secretary Frances O’Grady said:

“Real pay growth is the slowest it’s been since early 2015. Wages are not growing fast enough to withstand the rise in inflation expected next year.

16 November 2016

Commenting on the latest labour market data published today (Wednesday) by the Office for National Statistics, which show pay rising by 2.4%, but higher inflation bringing real wages increases down to 1.7%, TUC General Secretary Frances O’Grady said:

“Real pay growth is the slowest it’s been since early 2015. Wages are not growing fast enough to withstand the rise in inflation expected next year. Without swift action from the government, working people could soon by paying the price for Brexit with another fall in living standards.

“The Chancellor must use the Autumn Statement to boost jobs and wages by investing in rails, roads, new homes and clean energy. And he must give a direct boost to pay by lifting the public sector pay cap and increasing the minimum wage.”

ENDS

Notes to Editors:
- All TUC press releases can be found at tuc.org.uk/media
- TUC press office: @tucnews
 

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