EMPLOYMENT Real-terms pay shows rise in prosperity is a myth
Government claims of rising prosperity are called into question today by an analysis of official figures. Data provided by the House of Commons Library to the Labour Party shows a 1.2 per cent fall in real earnings for the last three years.
Northern England has fared worst, with a decline of 12.5 per cent in the North-west and 4.7 per cent in Yorkshire and Humberside. The biggest rise was enjoyed in Greater London with a 7.6 per cent rise, but the South- east outside the capital experienced a decline of 0.5 per cent.
When the pay of part-timers was taken into account, real median earnings stood at pounds 228 in spring 1993 and pounds 225 in spring 1996. Barrie Clement
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies