Tag Archives: Public sector

Earnings show signs of growth in most sectors

Earnings growth looks to have picked up a little, according to the latest data on average weekly earnings from the ONS. Average earnings grew by 2.3% across the whole economy for the three months to May, compared to the same period a year ago. This is up from 2.0% for the three months to April, compared to the same period last year. Some sectors showed much greater increases than previously. In finance and business services, average weekly earnings rose by 2.8%, up from 1.7% in the year to April. In manufacturing, earnings growth was 2.2% in May, up from 1.7% in April. Continue reading this free article

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