IWG online meeting on state capitalism in the USSR.
DATE
April 22nd, 7 PM EST
WHERE
Online
CONTACT INFO
IG: @iwg.official | Twitter: @IWGOfficial | FB: @iwgusa | Email: us@leftcom.org
UK workers earning the same as they were ten years ago
Workers in the UK are earning no more than they were 10 years ago, according to the Office for National Statistics (ONS).
After adjusting for inflation, it said pay levels peaked in 2009.
Between then and 2012 the ONS said pay had fallen by 3% in real terms.
On average, it said workers were therefore earning roughly the same last year as they were ten years ago, in 2003. The TUC said the figures came as no surprise.
"Official figures now confirm what everyone knows. Living standards have been falling for the vast majority, and there is no sign of change," said Frances O'Grady, the TUC's general secretary.
According to the ONS, average pay in 2009 was £12.25 an hour. After adjusting for inflation, that fell to £11.92 in 2010 and £11.41 in 2011.
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IWG Online Meeting
IWG online meeting on state capitalism in the USSR.
DATE
April 22nd, 7 PM EST
WHERE
Online
CONTACT INFO
IG: @iwg.official | Twitter: @IWGOfficial | FB: @iwgusa | Email: us@leftcom.org
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Comments
Interesting that the TUC's general secretary happily accepts falling living standards, and that there is " no sign of change"! No sign of working class life from the TUC either. No sign that they intend even to pretend to be going to do anything about it. But then why should they? There own living standards are adequate, and their only function is to serve the demands of capitalism. Official TUC behavior now confirms what everyone knew: the unions work for the bosses. No sign of change there! (lol)