Category Archives: Pay Trends

Faster pay growth in retail lifts private sector earnings

Alastair Hatchett, Visiting Fellow, University of Greenwich

Average weekly earnings grew by 3.0% in the year to August, up from 2.9% in the year to July, according to figures released by the ONS on 14 October 2015. The rate of growth in the private sector was 3.4%, compared to just 1.2% in the public sector. Continue reading Faster pay growth in retail lifts private sector earnings

Earnings growth strengthens but not in manufacturing or the public sector

 Average weekly earnings across the whole economy grew by 2.9% in the year to July, as shown by the figures released by the ONS today. This year has seen higher earnings growth than in the previous five years, but the picture is varied. Overall, there is strong earnings growth in the private sector, running at 3.4% in July, compared with 2.2% in January.* However earning growth remains weak in the public sector, running at just 1.1% in July, down on 1.3% in January. Continue reading Earnings growth strengthens but not in manufacturing or the public sector