UniteWorks ? Unite the Union:
Unite warns of deepening Tory `wage pain' as average wages continue to fall
14 June 2017
Theresa May and the Tories’ ‘wage pain’ is leaving millions of people struggling to make ends meet warned Britain’s largest union, Unite as official figures out today (Wednesday 14 June) showed a deepening wage squeeze. Official labour market figures out today showed that average earnings, excluding bonuses, fell in real terms by 0.6 per cent compared to a year earlier. The figures follow an analysis by the London School of Economics of OECD data showing the UK had suffered the biggest drop in average wages between 2007 and 2015 of any developed country except austerity-ravaged Greece.
Related publications
‘Real wages and living standards in the UK’. Rui Costa and Stephen Machin, CEP 2017 General Election Analyses Paper No. 036, May 2017