{"id":841,"date":"2019-11-01T10:00:56","date_gmt":"2019-11-01T09:00:56","guid":{"rendered":"https:\/\/joblookup.com\/explore\/?p=841"},"modified":"2020-06-29T09:54:00","modified_gmt":"2020-06-29T08:54:00","slug":"ons-reports-uk-earnings-still-rising","status":"publish","type":"post","link":"https:\/\/joblookup.com\/explore\/ons-reports-uk-earnings-still-rising\/","title":{"rendered":"ONS Reports UK Earnings Still Rising"},"content":{"rendered":"<div class=\"row\">\n<div class=\"col-lg-9 my-auto\">According to the latest ONS report, weekly earnings across the UK have continued to rise since last April. Workers in Scotland saw the largest increase, with a 91.4% increase in their weekly wages since last year.After inflation is accounted for, take-home wages have grown by 0.9% for full-time employees in general. Part-time workers have also benefited from an increase of 5.2% (or 3.1% in real terms).<\/p>\n<p>The research also points out that average earnings are still \u00a318 a week lower than the 2008 peak of \u00a3603 per week, however.<\/p>\n<\/div>\n<div class=\"col-lg-3 my-auto\"><img decoding=\"async\" class=\"img-fluid\" src=\"\/explore\/wp-content\/uploads\/2019\/11\/business-report-vintage_1284-3543.jpg\" alt=\"ONS Reports UK Earnings Still Rising\" \/><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h2 class=\"h4 font-weight-bold\">Key stats<\/h2>\n<hr \/>\n<p>The following trends were also highlighted:<\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Average weekly earnings for full-time employees were \u00a3585 as of April 2019.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">35.7% of full-time employees saw a decrease in real-term pay reductions or freezes up to April 2019, which is down from 43.3% the previous year.<\/span><\/li>\n<\/ul>\n<p>The report also noted that the gender pay gap, while continuing to close, has been doing so slowly. In 2018, the gap was 8.6%. It now stands at 8.9%, which is &#8216;not a statistically significant increase&#8217;, according to the ONS.<\/p>\n<p>&nbsp;<\/p>\n<h2 class=\"h4 font-weight-bold\">Part-Time Workers Benefiting the Most<\/h2>\n<hr \/>\n<p>While higher wages for most workers have risen, they still haven&#8217;t reached pre-recession levels. It&#8217;s a different story for part-time workers, however. Earnings for those working part-time are now 6.5% higher than they were in 2008, with average weekly take-home wages at \u00a3197.<\/p>\n<p>&nbsp;<\/p>\n<h2 class=\"h4 font-weight-bold\">Other Considerations<\/h2>\n<hr \/>\n<p>While a general increase in wages is generally positive, it&#8217;s important not to overlook some important factors. Low-income sectors have seen the largest pay rises, for example, but taken in context against most other industries, there is a huge difference between the top and bottom earning sectors.<\/p>\n<p>Furthermore, things are getting extremely tight in the job market. Hiring is dropping, and many sectors are now struggling to find any qualified staff.<\/p>\n<p>Some sectors are also seeing wages fall, despite national averages. Social care is a prime example. Even though wages are up on a year by year basis in general, they fell in the last quarter by 2%. Social care job applications have suffered as a result, with only a 0.3% rise year on year. There are other factors certain to be affecting social care application rates of course, including Brexit and working hours, but lower wages aren&#8217;t going to help the issue.<\/p>\n<p>Overall then, while averages are useful, it&#8217;s important not to overlook the details as well. The difficulties that some sectors are facing are likely to have knock-on effects for the economy, and wages, in the long term after all.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the latest ONS report, weekly earnings across the UK have continued to rise since last April. Workers in Scotland saw the largest increase, &#8230;<\/p>\n","protected":false},"author":3,"featured_media":846,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,17,8],"tags":[],"class_list":["post-841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-careers","category-employment","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/posts\/841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/comments?post=841"}],"version-history":[{"count":9,"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/posts\/841\/revisions"}],"predecessor-version":[{"id":1455,"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/posts\/841\/revisions\/1455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/media\/846"}],"wp:attachment":[{"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/media?parent=841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/categories?post=841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/joblookup.com\/explore\/wp-json\/wp\/v2\/tags?post=841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}