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BBC News (web):
The struggle to boost real wages

26 March 2015

The big squeeze in UK living standards after the 2008 crash has been driven by a historically large squeeze in real wages (wages taking into account inflation). This was all set out in a new report from the Centre for Economic Performance (CEP) yesterday, which emphasised that falling real wages have driven living standards down for working households, whilst the income of pensioner households has actually risen since 2008.

This article was published online by BBC News on March 26, 2015
Link to article here

Related Publications
Real Wages and Living Standards, Stephen Machin, CEP 2015 Election Analysis No.EA024, March 2015

Related Links
Steve Machin webpage
Education and Skills Programme webpage

Read more... BBC News (web)