Real wages at 2005 level

Posted on

Before anyone gets too excited about today's employment news note this from the Resolution Foundation:

Screen Shot 2015-04-17 at 13.18.31

 

Real wages are growing because inflation has fallen.

But the truth is they are back to 2004/5 levels.

And note what happened from 2010 to 2014.


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here: