14 October: organise on the ground
Between 2008 and 2013 real wages fell by 8.2%, on average. The median worker lost £2000 a year, for many that will have been much worse. The wage squeeze is worse for younger workers, a 14% drop for those aged 18-25, 12% for 25-29 year olds. Each decade since the 1980s real wages growth has been lower than the previous decade. In the public sector wages have fallen by 15%, many face a pay freeze. Overall price inflation over the past 5 years has been 19% (RPI), but the income needed for a minimum living standard has risen significantly. For a couple with a child this could be up to 33%, for...