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Commenting on today’s (Tuesday) labour market figures published by the ONS, which show real wages falling by 4.1 per cent (on CPI measure) as the cost of living crisis intensifies, TUC General Secretary Frances O’Grady said:

“Everyone who works deserves financial security. 

“But with the Bank of England predicting the worst decline in real pay for 100 years, energy bills soaring and a recession on the horizon, millions of working families are worried they won’t be able to keep their heads above water this winter. 

“We need action from ministers now. They should cancel the increase to the energy price cap. And they must do far more to get pay rising – starting with boosting the minimum wage this autumn and giving public sector workers a decent pay rise.”  

Zero-hours contracts 

Commenting on the latest data on zero-hours contracts also published by the ONS today (Tuesday), which show more than one million people are employed on these terms, Frances added:   

“The government promised a high skill, high wage economy. 

“But too many workers are stuck on insecure contracts that give them and their families no security. 

“As the cost of living crisis escalates, the case for banning hated zero-hours contracts is stronger than ever.” 

Editors note

- The ONS figures are available at: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/august2022  
- Congress 2022 will be held in the Brighton Centre (Kings Road, Brighton BN1 2GR) from Sunday 11 September to Wednesday 14 September. Free media passes can be obtained by visiting www.tuc.org.uk/applying-media-or-external-visitor-credentials and completing an online form. Applications must be completed no later than 12noon on Tuesday 23 August. Any applications received after this date will be processed when possible and may be subject to delay. Late applications will be subject to a £75 + VAT administration fee. Passes will be processed and sent out from the middle of August. For more information, please contact the press office.

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