Average Earnings

(asked on 4th March 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the growth in average earnings compared to the rate of inflation since May 2010.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 10th March 2015

This government understands that times have been tough for many families since the 2008 recession.

But we are turning a corner and I am delighted that for the past four months pay has been rising faster than inflation. Further, we are seeing average wage growth of 4.1% for full-time employees in continuous employment and there have been 1.85 million jobs created since this government came to power.

Reticulating Splines