Wages drop for Yorkshire workers

York Press: Wages drop for Yorkshire workers Wages drop for Yorkshire workers

AVERAGE wages for Yorkshire workers have dropped by more than 15 per cent in real terms over a five-and-a-half-year period, a union has claimed.

Research published by the GMB said that while the average annual income for employees in the county rose from £23,227 in April 2008 to £23,790 in November this year - a 2.4 per cent rise - this was wiped out six times over by the rate of inflation.

The only area of the UK to see a larger real-terms wage decrease was London, with 20.4 per cent, while the figure in the north east decreased by almost half Yorkshire’s rate.

However, none of the 20 worst-affected areas in the UK for reductions in average earnings were in North or East Yorkshire. The data came from the Office for National Statistics.

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9:09am Tue 31 Dec 13

Zetkin says...

The average wage has declined but the top 1 or 2 per cent of the population are doing very nicely thank you, because our falling wages mean increasing profits for them.

...which is of course exactly what the Tories set out to achieve with their policy of permanent austerity. So far, they've only managed about 40% of the cuts they want to make, which means there's far worse to come, unless we stop them.

All in it together, my backside!
The average wage has declined but the top 1 or 2 per cent of the population are doing very nicely thank you, because our falling wages mean increasing profits for them. ...which is of course exactly what the Tories set out to achieve with their policy of permanent austerity. So far, they've only managed about 40% of the cuts they want to make, which means there's far worse to come, unless we stop them. All in it together, my backside! Zetkin

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