Let’s hope they at least compensate with hugher export thanks to this. I doubt it though, since they recently slashed their international status by leaving the union
On real terms (just in case people thought it decreased on nominal terms). Partly driven by inflation accelerating in 2021
Per the ONS, real wage growth (compared with Jan 2008) is as follows:
– Regular pay: up 1.69%
– Total pay: up 2.25%
Sure, that’s nothing to write home about, but its clear that the TUC have gone out of their way to construct their own definition of ‘real wage growth’ in order to fit a narrative.
Wow that sucks.
I’m looking at a staggering 1% pay rise this year 🙌🏽
I wasn’t aware that UK has regained 2008 wage level so late as 2019
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Let’s hope they at least compensate with hugher export thanks to this. I doubt it though, since they recently slashed their international status by leaving the union
On real terms (just in case people thought it decreased on nominal terms). Partly driven by inflation accelerating in 2021
The TUC (who supplied the data) are neither statisticians nor impartial commentators. One wonders why they try to reconstruct real wage growth when the [ONS](https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/datasets/averageweeklyearningsearn01) actually publish an official measure of this.
Per the ONS, real wage growth (compared with Jan 2008) is as follows:
– Regular pay: up 1.69%
– Total pay: up 2.25%
Sure, that’s nothing to write home about, but its clear that the TUC have gone out of their way to construct their own definition of ‘real wage growth’ in order to fit a narrative.
Wow that sucks.
I’m looking at a staggering 1% pay rise this year 🙌🏽
I wasn’t aware that UK has regained 2008 wage level so late as 2019
Gotta love Brexit
Bullshit
Who statistics ？