Wage growth still too weak, says TUC
“Wage growth remains weak today, with rising pay too dependent on oil prices being at rock bottom – a situation that’s unlikely to last.
We need a government that builds a far more stable foundation for decent wage growth than we’ve had in the last five years."
17 April 2015
Commenting on the latest labour market statistics published today (Friday) by the Office for National Statistics, TUC General Secretary Frances O’Grady said:
“Workers have just been through the longest period of falling real wages since Queen Victoria was on the throne.
“Wage growth remains weak today, with rising pay too dependent on oil prices being at rock bottom – a situation that’s unlikely to last.
“We need a government that builds a far more stable foundation for decent wage growth than we’ve had in the last five years. This should include a much higher minimum wage and stronger rights for people with zero-hours contracts."
NOTES TO EDITORS:
- All TUC press releases can be found at www.tuc.org.uk
- Follow the TUC on Twitter: @tucnews
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