Real wages see record plunge over three months

15 comments
  1. This is good news however it could be better. Staffing costs is a huge part of cost of sales and as we know the native UK people are not willing to work for under a living wage.
    Therefore the only thing that is needed to fix this is more immigration. We need to oversaturate the market to such an extent that wages fall even further and only then will we be able to increase profits and reduce customer pricing.

  2. But…but…didn’t removing them forrignas mean that all those low wage workers would become zillionaires overnight from wage inflation alone?

  3. It’s not surprising – I suspect that employers are holding out against any wage increase (as has been the norm for the past couple of decades), let alone that 10% or so required just to prevent a real-world drop. The mindset of workers automatically getting CoL raises is long gone..

  4. Meanwhile Sky News repeating over and over this morning that unemployment has just dropped to an unexpected new low and speculating on what that says about our economy doing better than expected. Completely divorced from reality.

  5. that’s unsurprising since prices shot up suddenly, and most people would not have had scheduled pay-rises in that time

  6. House price is raising at the fastest rate, that means people have spare money to pay for a overvalued house. People are rich, what is this non sense articles? Huh?

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