Labour Research April 2009


Average earnings show rise

January’s average earnings figure for the whole economy show a 3.4% rise. However this excludes bonuses, and when these are included the figure shows a fall of 0.2%, thanks to disappearing City bonuses. Three-monthly figures, which iron out large monthly distortions, show a 1.8% rise in the period to January for the whole economy including bonuses, and 3.5% excluding bonuses. are excluded.