Workers have lost an average of £20,000 in real wages since 2008 as a result of wages not keeping pace with inflation, according to new analysis.
Figures compiled by TUC showed the impact for some in the public sector was even worse, with nurses losing £42,000.
Paul Nowak is the TUC’s new general Secretary. He warned of a “nightmare on living standards” and “two generations of lost wages.”
It is occurring amid a widespread strike of railway workers, NHS staff and other protestors over wages and conditions.
Yesterday, Downing Street refused a backward step and He said workers could not be allowed “double-digit wage increases.”Because it will fuel inflation.
Dawn of ONS statistics, the TUC analysis said workers have lost an average of £1,450 a year since 2008.
Nurses have lost £42,000 in real income since 2008 – the equivalent of £3,000 a year.
Midwives have lost £56,000 in real income since 2008 – the equivalent of £4,000 a year.
Paramedics have lost £56,000 in real earnings since 2008 – the equivalent of £4,000 a year.
Nowak stated that this meant workers were forced to take industrial action because they had no other choice.
“UK workers are on track for two decades of lost wages. This is the longest squeeze on earnings in modern history.
“We can’t go on like this. We can’t be a country where nurses have to use food banks, while city bankers get unlimited bonuses.”
This week, the UK was hit by more disruption due to strikes by railway workers, Border Force staff and driving instructors over wages, conditions and job security.
Members of the Confederation of Public and Commercial Services – PCS, serving as Border Force officers in Gatwick, Heathrow and Cardiff, Manchester and Glasgow – resumed strikes on Wednesday for a total of four days.
Local driving examiners and test administrator have also started a five-day strike. The strike involves PCS members at 71 test centres in the East of England and Midlands, who are employed by Driver and Vehicle Standards Agency.
West Midlands Trains stated that no services would be available starting Wednesday morning due to the 24-hour strike.
Great Western Railways warned that disruption could occur as staff resigned from 12pm on Thursday to 11.59am on Friday.
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