Wages in the south west have dropped by 10 per cent in five years. The Trades Union Congress found total earnings are down by £5.7 billion. since 2007. They say reduced hours, pay rises below inflation and fewer jobs are to blame.
These jobs figures are troubling. There are now more people out of work today than when the coalition took office three years ago. Those in work are taking a hammering in their pay packets with wage growth down to just 0.4%, while prices rise far more quickly. It's no wonder the economy is struggling when people in work are getting poorer every month."
– Frances O'Grady, General Secretary, Trades Union Congress