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| UK wages decline among worst in Europe http://www.x404.co.uk/forum/viewtopic.php?f=19&t=19703 |
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| Author: | pcernie [ Sun Aug 11, 2013 4:15 pm ] |
| Post subject: | UK wages decline among worst in Europe |
http://www.bbc.co.uk/news/business-23655605 |
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| Author: | Amnesia10 [ Sun Aug 11, 2013 11:30 pm ] |
| Post subject: | Re: UK wages decline among worst in Europe |
I doubt it will get better for a long time. The government is clueless because none of their models predicted the crisis, and all have predicted far greater growth since and they are still at a loss as to why it is still struggling. |
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| Author: | big_D [ Mon Aug 12, 2013 4:34 am ] |
| Post subject: | Re: UK wages decline among worst in Europe |
Where do they get their information? I haven't had a pay rise is nearly 5 years. |
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| Author: | jonbwfc [ Mon Aug 12, 2013 6:20 am ] |
| Post subject: | Re: UK wages decline among worst in Europe |
It's a bit hard to draw any useful conclusion from such a blanket figure. You need to look at the distribution of change in the population, not just the headline number. |
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| Author: | big_D [ Mon Aug 12, 2013 6:07 pm ] |
| Post subject: | Re: UK wages decline among worst in Europe |
Just seen a report on the news, the number of people in Germany with at least 2 jobs has risen from 2% in 2003 to nearly 10% today. |
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| Author: | l3v1ck [ Mon Aug 12, 2013 8:25 pm ] |
| Post subject: | Re: UK wages decline among worst in Europe |
It won't get better as people are moving in who'll accept lower wages, driving the average wages down. This is doubly true with unemployment being so high and people being desperate for work. |
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