Real Earnings Growth Has Ground To A Halt, Says TUC
Commenting on the latest inflation figures published by the Office for National Statistics (ONS) today (Tuesday), which show Consumer Price Index (CPI) inflation at 2.3% in March - and last higher in October 2013 - TUC General Secretary Frances O'Grady said:
"Rising prices and sluggish pay increases mean that real earnings growth has now ground to a halt.
"Without government action, another living standards crisis is on the cards.
"We urgently need more investment in skills and infrastructure to build strong foundations for better paid jobs. And it's time to scrap the pay restrictions hitting midwives, teachers and other public servants."
Real Earnings Growth Has Ground To A Halt, Says TUC, 11th April 2017, 13:59 PM