Commenting on the latest jobs figures published today (Wednesday) TUC General Secretary Frances O’Grady said: “The real value of wages has fallen again this month. This is not only the longest and deepest pay cut on record but there is no end in sight.
“Detailed analysis of the figures show that even the cash increase in pay was entirely due to the finance and business sectors.
“With these never ending falls in living standards and so many new jobs insecure, low-paid and self-employed, Britain’s workers have been excluded from the recovery.
“It is time to share out the proceeds of growth by creating good jobs and giving people a decent wage increase. Ten of thousands will be joining the TUC’s march on Saturday to say Britain needs a pay rise.”
NOTES TO EDITORS:
- All TUC press releases can be found at www.tuc.org.uk
- Follow the TUC on Twitter: @tucnews
- On Saturday 18 October the TUC is organising Britain Needs a Pay Rise – a national march and rally in London to call for an economic recovery that delivers for everyone, and for fair wages to help end the living standards squeeze. For more information on the campaign go to www.tuc.org.uk/economic-issues/britain-needs-pay-rise
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