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Workers in the North West still ₤38 a
week worse off than before the crash
NEW figures published by the Office for
National Statistics (ONS) show that North West workers are still ₤38 a week
worse off than they were before the financial crash.
The ONS figures show that for the year to April 2017 real wages in the North
West were 8.5% below their 2008 level.
Nationally, inflation has overtaken wage growth for the last 6 months, so the
TUC is concerned that next year could be even worse.
TUC Regional Secretary for the North West Lynn Collins said:- "Most
families still haven't recovered from the financial crash, yet their pay packets
are now taking another hammering. It's leaving millions of working people facing
hardship and getting deeper into debt.
Public sector workers have had it especially hard, with real pay cuts for seven
long years. The Chancellor must use next month's budget to give them the pay
rise they've earned. He should also use the budget to help bring great jobs to
the North West, by investing in skills and infrastructure. And he must help
low-paid workers by raising the minimum wage to ₤10 an hour as soon as
possible."
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