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Real wages updates

CEP real wages update
The Return of Falling Real Wages

The falling real wages experienced by most UK workers between 2008 and 2014 were followed by modest growth in 2015 and 2016. But it has now reversed back as real wages have once again started to fall. This is courtesy of...Read more...

David Blanchflower, Rui Costa and Stephen Machin

12 May 2017

CEP real wages update
The Current 2% UK Wage Growth Norm

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David Blanchflower and Stephen Machin

4 March 2016

CEP real wages update
Slowing UK Wage Growth

We have previously examined the path of nominal and real wages in the UK (Blanchflower and Machin, 2014a, 2014b, 2014c). In that work, we expressed the view that in recent years there has been sufficient slack in the lab...Read more...

David Blanchflower and Stephen Machin

1 February 2016

CEP real wages update
UK real wages: a long way to go

Prospects for a boost in the real wages of UK workers remain bleak, despite some commentators still continuing to paint a more optimistic picture. This report, the latest in a new series of CEP Real Wages Updates, notes ...Read more...

David Blanchflower and Stephen Machin

7 October 2015

CEP real wages update
Real wages continue to fall in the UK

Real wages continue to fall - in the UK and elsewhere - yet despite this striking feature of the labour market, some commentators anticipate resurgent pay growth in the near future. This report, the first in a new series...Read more...

David Blanchflower and Stephen Machin

7 October 2015