Wednesday, 13 March 2013

Wages: Where is Britain in the Global Race?

via ToUChstone blog: A public policy blog from the TUC by Duncan Weldon

Infographic showing real wage growth in comparison to other G7 nations

International Labour Organisation data shows that over the course of 2007-2011 British workers suffered the largest falls in real wages (wages after taking into account price rises) of any G7 economy. Whilst workers in many countries saw their real terms pay rise, real wages fell heavily in the UK adding to an unprecedented squeeze in living standards.

View a larger version of the infographic here

Global Race: Part of the Global Race series; looking at Britain's economic growth in comparison to other major economies.

No comments: