ERC Chart: Employment and Earnings

Employment and Earnings   Summary: Labour market statistics were released today, and they showed another record high employment rate (74%). However, after a good 2014, earnings growth slowed considerably in 2015 (even in real terms, with inflation around 0% all year). What does the chart show? This week’s chart shows both employment and earnings. The […]

ERC Chart of Week:Employment & Earnings

Employment and Earnings   Summary: After peaking at a new record level in March, total employment levels fell very slightly in April (but the trajectory remains promising), while real earnings have recovered somewhat in the last year. What does the chart show? This week’s chart shows both employment and earnings. The blue line, measured against […]

ERC – Chart of the Week- Employment and Earnings

Summary: Employment and Earnings: while the total level of employment in the UK continues to break records, real average wages are still declining steadily.     What does the chart show? This week’s chart shows both employment and earnings. The blue line, measured against the left hand axis in millions of people, shows the total […]