British workers suffered a sixth straight year of falling real pay in 2014, taking earnings back to levels last seen at the turn of the century, according to official figures.
Pay, when adjusted for inflation, was 1.6% lower this year than in 2013, the Office for National Statistics said in its annual survey of hours and earnings.
Weak wage growth has persistently been outstripped by inflation meaning workers have seen their real pay fall every year since 2008, back to the levels they were paid in the early 2000s.
Median gross weekly earnings for full-time employees barely grew this year, rising by just £1 to £518 in April 2014 compared with 2013. It was the smallest rate of growth since the ONS started the survey 17 years ago.
via The Guardian
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