Wages are stuck in the slow lane, says TUC

18 March 2015

Commenting on the latest labour market statistics published today (Wednesday) by the Office for National Statistics, TUC General Secretary Frances O’Grady said:

“Wages are stuck in the slow lane of recovery and are not set to be back to their pre-recession levels until the end of the next parliament. And today’s figures show wage growth getting even weaker.

“Underemployment has fallen very little since the recession, so problems remain with the quality and security of jobs that people are getting. We are still not seeing any significant progress on youth unemployment, which raises concerns that young people are being shut out of the recovery.

“With the labour market still so fragile, the last thing the economy needs is a shock from the extreme austerity that the Chancellor is planning if he is re-elected.”

NOTES TO EDITORS:

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