Pay growth ‘stalling again’, says TUC
Commenting on the publication today (Tuesday) of labour market figures showing pay growth falling to 3.3%, TUC General Secretary Frances O’Grady said:
“Pay growth is stalling again. The last thing workers need is another hit in the pocket when real wages are still lower than a decade ago.
“The government must raise the minimum wage to £10 as quickly as possible. And give unions the freedom to enter every workplace to negotiate fair pay rises.“
- ONS figures show real (regular) pay in 2019 Q1 is £7 below the peak of £473 in 2008 Q1.
- The TUC industry analysis issued earlier today showed real pay down £17 on a decade ago, which was based on not seasonally-adjusted figures (to February 2019) that included bonuses: www.tuc.org.uk/news/record-pay-bankers-most-workers-still-earning-less-decade-ago-tuc
- The Trades Union Congress (TUC) exists to make the working world a better place for everyone. We bring together more than 5.5 million working people who make up our 49 member unions. We support unions to grow and thrive, and we stand up for everyone who works for a living.
Contacts:
TUC press office
media@tuc.org.uk
020 7467 1248
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