Earnings fail to keep up with inflation

Graham_Devon

For probably at least the third year running....

Average wage rise - 2%
Average pay - £24,414

Average pay has failed to keep pace with inflation - rising by 2% a year, the latest official statistics show.

In the three months to December, average total pay - including bonuses - rose by 2% from a year earlier.

Earnings in the private sector went up by 2.3%, with the public sector seeing a 1.7% rise.

The rate of Consumer Prices Index inflation stood at 3.6% in January, the Office for National Statistics said, down from 4.2% in December.

Average total pay in the private sector was £462 a week in December (£24,024 a year), the official data shows, while in the public sector it was £477 a week (£24,804 a year).

http://www.bbc.co.uk/news/business-17040669

MrRee_2

Yawn ..... another depressing post from the King of negative spin .......... taking glee in others misery - a disgrace!!

Conrad

If we increase wages, the knock on price rises will result in the following thread;

RIP - OFF BRITAIN, PRICES KEEP ON RISING.

dave4545454

MrRee wrote: »

Point me to the post in question ....... written by ME.

If you cannot then I will expect an immediate apology.

Originally Posted by MrsRee
Most of these public sector non-jobs are being lost up North. No great shakes really.


i look forward to your apology now

abaxas

This is good news.

It's what the bulls wanted, well their actions showed this is what they wanted, which is usually the same thing.

CRASH_BANG_WALLOP

dave4545454 wrote: »

Originally Posted by MrsRee
Most of these public sector non-jobs are being lost up North. No great shakes really.


i look forward to your apology now

im glad someone else noticed that. well spotted dude

GAH

Mr Ree, I wouldn't be too happy if I was the employer paying you the supposed £1500 a day your on, to sit on MSE posting threads all day long.

MrRee_2

GAH wrote: »

Mr Ree, I wouldn't be too happy if I was the employer paying you the supposed £1500 a day your on, to sit on MSE posting threads all day long.

OH, they get their money's worth out of me, don't you worry!

GAH

MrRee wrote: »

OH, they get their money's worth out of me, don't you worry!

Im not worried, was just humouring really.

DaddyBear

Graham_Devon wrote: »

For probably at least the third year running....

Average wage rise - 2%
Average pay - £24,414


http://www.bbc.co.uk/news/business-17040669

I'm confused about the 1.7% public sector rise, given that there was a public sector pay freeze last year.

Graham_Devon

DaddyBear wrote: »

I'm confused about the 1.7% public sector rise, given that there was a public sector pay freeze last year.

Not for the enire public sector. Not sure councils had a freeze? it also includes bonuses, and we have some bankers under the public sector figure at the mo...

Smoke and mirrors!