Labour Research October 2019

News

Earnings have not caught up

Weekly earnings are still lower than before the 2008-2009 downturn after taking inflation into account, says the Office for National Statistics (ONS). 


In July, average weekly earnings, excluding bonuses, were £507 — but only £470 if adjusted for inflation. But ONS figures show that in July 2007 adjusted earnings were £472, rising to £473 in the following three months.

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/august2019