Figures released today indicate that real wages have decreased in the East Midlands by nearly 6 percent. Further figures have placed Birmingham and Wolverhampton in the top five workless regions in the UK
The Trade Union Congress has released figures which suggest that workers in the East Midlands have suffered a huge squeeze on their incomes, with average pay falling by 5.7 percent - a loss of almost £26 in the pay packets of employees working a 40-hour week.
This figure is slightly lower than the national average fall of 6.3 percent (£30). However the figures demonstrate that the loss in pay is being felt by families in the East Midlands as incomes fail to keep pace with rising prices.