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 UK Public-private pay gap widens even further, in favour of the parasites

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RR Phantom

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UK Public-private pay gap widens even further, in favour of the parasites Vide
PostSubject: UK Public-private pay gap widens even further, in favour of the parasites   UK Public-private pay gap widens even further, in favour of the parasites Icon_minitimeTue Jun 11, 2013 10:31 pm
The pay gap between state and private-sector workers has ‘increased substantially’ in the past four years, Britain’s leading economic forecaster reveals today.

UK Public-private pay gap widens even further, in favour of the parasites Article23399531a44b5270



Despite strikes by state workers over pay and pension changes, it says the earnings of private-sector workers have ‘actually fallen faster over the last few years’.

Experts said the report by the Institute for Fiscal Studies undermines the case made by public-sector unions that state workers are the only ones being hurt by the Government’s austerity drive.

During the depths of the recession in 2009, the average public-sector worker earned £16.64 an hour, which has dropped to £15.69 per hour – a fall of 95p, according to the IFS, which adjusted the figures for inflation.

But the cuts have been even more painful for private-sector workers.

In 2009, their hourly pay was already lower at £15.15, which has now fallen £1.49 to £13.66.

Overall, the IFS said the number of workers hit by wage freezes or pay cuts is at its highest level since records began around 40 years ago.

http://www.dailymail.co.uk/news/article-2339953/Public-private-pay-gap-widens-Average-private-sector-earnings-fallen-faster-state-employees-recession.html
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