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16/10/2014
Union Warns Of A Part-Time, Low Wage Economic Recovery
Responding to the latest labour market figures, Unite the union warned of a part-time, low wage economic recovery that was passing people by.
Average earnings, including bonuses, increased by just 0.7 per cent in the year to August, up by 0.1 percentage point on the previous month, according to the latest figures from the Office for National Statistics.
Self-employment now makes up almost 15 per cent of total employment in the UK, 279,000 higher than a year ago, while part-time work has reached a record high of 6.8 million.
Unite general secretary Len McCluskey said: "The continued fall in unemployment is welcome, but scratch the surface and today’s figures reveal an economic recovery that is passing people by as the wage siege continues and the world of work becomes more insecure.
"This is a part time recovery built on the back of low wages and an explosion of self-employment which is leaving millions in an employment limbo land, without rights, security or guaranteed income. The government needs to look at this phenomenon and honestly assess what it means for the nation."
(CD)
Average earnings, including bonuses, increased by just 0.7 per cent in the year to August, up by 0.1 percentage point on the previous month, according to the latest figures from the Office for National Statistics.
Self-employment now makes up almost 15 per cent of total employment in the UK, 279,000 higher than a year ago, while part-time work has reached a record high of 6.8 million.
Unite general secretary Len McCluskey said: "The continued fall in unemployment is welcome, but scratch the surface and today’s figures reveal an economic recovery that is passing people by as the wage siege continues and the world of work becomes more insecure.
"This is a part time recovery built on the back of low wages and an explosion of self-employment which is leaving millions in an employment limbo land, without rights, security or guaranteed income. The government needs to look at this phenomenon and honestly assess what it means for the nation."
(CD)
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JobsPlus Launch Welcomed
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Government beefs up minimum wage law
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Workers A Quarter Of The Way Through Wage Dip, Says TUC
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Workers A Quarter Of The Way Through Wage Dip, Says TUC
Workers are only a quarter of the way through 12-year wage dive, according to the TUC. Workers will have to wait another nine years to get back to the level of income they enjoyed in 2009, during which time they'll have lost an average of £8,500 in real terms wage losses, according to a TUC analysis of wage trends published today (Thursday).
21 March 2003
Citizens Advice welcome minimum wage increase
The Government has accepted the recommendations from the Low Pay Commission to increase the National Minimum Wage. From October the present rate for those 22 years and over will rise from £4.20 to £4.50 and for 18-21 years the £3.60 hourly rate will rise to £3.80.
Citizens Advice welcome minimum wage increase
The Government has accepted the recommendations from the Low Pay Commission to increase the National Minimum Wage. From October the present rate for those 22 years and over will rise from £4.20 to £4.50 and for 18-21 years the £3.60 hourly rate will rise to £3.80.
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