Weak pay growth could be made worse by leaving the EU, says TUC

15 June 2016

Commenting on the latest labour market data published today (Wednesday) by the Office for National Statistics, which show the employment rate remaining high, but regular annual pay growth still weak by historical standards at just 2.3%, TUC General Secretary Frances O’Grady said:

“Today’s figures show that wages have still not fully recovered from the financial crisis. And wages could start falling again if we leave the EU – not least because of the impact on higher-waged skilled jobs in manufacturing, which would be hit hard.

“If we are to take full advantage of the trading privileges we have in the EU, the government must invest in skills, infrastructure and public services in the towns and regions of the UK that are most in need of skilled jobs and growth.”

NOTES TO EDITORS:

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