Sunday 3 March 2013

The Coming Crisis: British wages falling faster than the rest of Europe: Pay drops by 3.2% in two years

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British wages falling faster than the rest of Europe: Pay drops by 3.2% in two years
Mar 4th 2013, 05:16

Wages in Britain have fallen faster than almost everywhere else in Europe, analysis shows.

Private sector pay dropped 3.2 per cent between autumn 2010 and autumn last year after taking account of inflation, it found. Only the Netherlands, Cyprus and Greece fared worse.

The analysis by the House of Commons Library for the Labour Party used UK figures and those of EU statistics arm Eurostat.

http://www.dailymail.co.uk/news/article-2287625/British-wages-falling-faster-rest-Europe-Pay-drops-3-2-years.html

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