There are countless reasons to not get carried away by today’s pay growth figures – with regular pay in the private sector hitting 3 per cent in November. (To recap: with accelerating inflation, real pay growth has stalled at 1.7% and is likely to get worse. We’ve been here before: with nominal…Read more…
Stats watchdog confirms that 4.1% does NOT “typically represent” pay rises
The UK Statistics Authority has now responded to TUC analysis on earnings estimates for those in continuous employment. We argued that newly calculated figures showing annual earnings growth of 2.3% for those in continuous employment (in their March Ec…Read more…