Lack of wage growth, especially in the public sector.
THIS year has been the worst for real wage growth for nearly half a century, says the TUC.
Once the rising cost of living is taken into account, it said wages fell by 3% in 2022.
It is the biggest drop since 1977 and the second worst on record since 1945.
Workers have lost £76 a month on average this year as pay did not keep pace with inflation, with those in the public sector losing £180.
The trade union body’s study said nurses’ real salaries went down by £1,800 while paramedics and midwives’ pay plummeted by £2,400 over this year.
TUC General Secretary Frances O’Grady said: “The Conservatives have presided over the longest real wage squeeze in over 200 years.
“We cannot be a country where NHS and teaching staff have to use foodbanks while City bankers are given unlimited bonuses.”
THIS year has been the worst for real wage growth for nearly half a century, says the TUC.
Once the rising cost of living is taken into account, it said wages fell by 3% in 2022.
It is the biggest drop since 1977 and the second worst on record since 1945.
Workers have lost £76 a month on average this year as pay did not keep pace with inflation, with those in the public sector losing £180.
The trade union body’s study said nurses’ real salaries went down by £1,800 while paramedics and midwives’ pay plummeted by £2,400 over this year.
TUC General Secretary Frances O’Grady said: “The Conservatives have presided over the longest real wage squeeze in over 200 years.
“We cannot be a country where NHS and teaching staff have to use foodbanks while City bankers are given unlimited bonuses.”
Beyond parody at this point.