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UK Real Pay Growth 2000-2022

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The Average Real (after inflation) Total Pay for the whole economy has basically stayed flat (2.4% growth in 14 years) since 2008. This has been calculated using the Real Earnings -Average Weekly Earnings annual growth rates – real pay chart and links below from the ONS.

It is fair to say that there are certain sectors that have done better (eg Finance) and certain that have done worse (e.g Public Sector). More details on the ONS website.

UK Labour Market Overview October 2022

Latest Report

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/latest

Written by Ray

October 6th, 2022 at 9:47 am

Posted in Politics

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