UK wages rise faster than expected - but don’t keep up with inflation 

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if the pay was right im sure these 'shortages' would disappear. ?

If cheap EU labourers were able to enter without hindrance these jobs would be filled.

Oh, I'm sorry.. the shame of minimum wage+pension is too little right?

@@simonburnett765 they caused the problem all jobs now pay minimum wage

@@Goady1000 all jobs have paid minimum wage since the 2007-08 financial crisis and it's never improved

THANK GOD

Spot on

Then crying to the media about how "NoBodY wAnTs to wOrk aNy MoRe!!1!" In reality, nobody wants to be exploited any more by greedy and entitled employers!

You could get the same job in a different country for way more pay

@@hazelcrisp If you can get a work permit, and frankly, any company in the EU would want to be pretty desperate to offer a Brit a job after the way you have behaved

@prophetsnake lol what are you talking about

@Barry exactly Barry, thatchers legacy has crippled the country.

The whole point of the system is to make people feel like they are getting a pay rise when they are in fact NOT getting a pay rise. It's a feature of the current system that is 100% deliberate.

Exactly I'm 45 now and couldn't have children I have only100thousand pounds on a bank and still working saving more. I look at my life and see where's the point I'm going to die eventually and I'm just working for what? Meanwhile I have to rent and won't have a child without giving them a safe place they can call home.

@@ch0293 That sucks. I know plenty of people in similar boat they're basically losers like you and perhaps me too pretty soon. What's the point of the grind if you can't even have a family of your own? No home, wife or kids, it sure sounds pathetic, but it's the life of billions and more to come.

@@hendrikheim5665 fortunately I have my wife, but on our age and because we wouldn't be able to afford a mortgage we don't want to grow a child on this environment and not be able to provide at least a house for their safety and neither we want to struggle too. We have poorly paid jobs

@@ch0293Indeed there are many roadblocks out there. But like I said, there are many in this very situation and before you know it, we're old and shriveled up and eventually our genes die out with nothing left behind. Had an employee in her 50s and she didnt have much of anything either, it really is sad to see that, but in the end everyone has their own situation and might end up as winners or losers.

@@hendrikheim5665 honestly that idea of winners and losers are just inside people's heads, if you see everytime you are allowed to breathe and have your own space even if it's just a simple small one you're fortunate enough to live. Whenever we see and compare someone's life to ours we end up doing mistakes of non acceptance of our own fate, things may change for good or bad anytime even to the very rich and most fortunate people as everything is everchanging. But, yes for not being able to grow a child is no shame to me as doing one actually it's very easy, the countless times I've seen and witness child poverty is a very serious matter most of us with basic education must see it, the painful road a child may lead just to survive on this world. Well prepared parents will give children on this competitive world enough to have an easy life while others might suffer terribly for the future. During the seventies and eighties things were still much easy compared to today's world, the competitiveness just end up creating a world of tremendous indifferences and inequalities, where I believe just got more dangerous.

They should be illegal but never will be under the Tories, the party of worker exploitation.

Purely, some companies do cheat paychecks and give yearly holiday refusal, I had to leave a job because of that

The UK is no longer a developed country.

Yep, but the UK has rapidly devolved away from being a developed country.

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pension age is not 50 - 64 y/o.

They have done their part voting for Brexit. They deserve to be put back to work

LOL

Zero hours contracts are only beneficial if it's as a second job, other than that they don't pay enough.

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Not with what we're getting paid!!

LOL 😂

@@blurtam188 how much are you paid a month?

Imagine living in the UK and being so poor you can't turn on your heating. WOW! I think you're the problem mate not the country. Everyone crying over job wages... leave the job and get another if you can't then that just means you're not worth more wage. All these people crying done nothing with their lives just sat struggling then crying when things got a little harder. Yet the have phones cars ect on monthly payment. it's easy study/learn become an employee that is valued and they will pay you to stay. But you all sit there expecting the goverment to fix things for you.

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Easier to blame the bottom of the pile than the top when the media is own by so few who are mates with the gits who step on the top top said pile

Because the media is controlled by the profiteers, they will never be in the side of workers.

@Barry you have been listening to the Thatcherites again from the sounds of it? Sounds like you have been voting for low wages, then blaming immigrants for the results of that, then claim it is the left not paying attention. Rather than the greed by a few at the top and the policy failures they have persued, you want to blame others either fleeing wars we started/fueled or just going about normal economic activity. If the actual left was in power, you'd be getting a fairer wage without any need to scapegoat migrants. 🤦🏿‍♂️

@left_blank and employees owe nothing to employers. Loyalty is a two way street.

@@unknown_name_389 and most have decided their time is spent better not doing that job

Living proof of being thrown under that bus

I enjoy the fact that my former employers are still struggling to get staff after they used to pandemic to do a fire and rehire, cutting pay by a third.

@left_blank The employees don't don't the employers anything, act your wage, never go above and beyond and never give your 2 weeks notice unless contractually required.

you know... you cannot beat inflation by giving everyone an inflation busting pay rise.. right? it just would make the costs go up again... ; it has to be beaten with fiscal measures... not pay rises... demanding inflation busting pay is like demanding a pilot pulls up to climb when the plane is in a stall because it doesnt have enough airspeed... as prev commenter said... get training... change careers.. its the best route to a payrise if you need it.. in fact, this is the very best time to do it!

@@joecater894 when did the simps organise a meeting?

This country is a disaster, due to bad decisions from clown leadership and brown nosing the US

@@joecater894 the economy doesn’t work like that at all😂 billionaires are hoarding all of the money and refuse to earn less of a cheque therefore they refuse to increase wages whilst increasing the prices of everything at the same time. If that was the case then poorer countries would all be starving or dead.

@left_blank People are changing jobs, in their thousands, or retiring. That's why we have a recruitment crisis in the NHS

What a bargain!

Exactly.

did that include the price of the salt and vinegar?

what is a fish ?

@@edwardbernthal160 Now Britain can't import salt, I had to use the local armpit service.

it would have an impact on inflation because millions work in the public sector so it would have a big impact. morally i agree they deserve a payrise but unfortunately economics is brutal.

Basically the Government view is that any extra wage wouldn't be worth to spend / invest in human capital. Private sector is facing a tight labor pool so they must compete on market rate.. NHS got no other competitors but nurses are switching to greener grass..

@@Nika_314 The strikes have costed more than the pay rises.

They wanted more than 7%

@Barry tight labor because more people only stick with working from home. In US 1.5 million of the lower wage employees have left big cities. More managers even approach hiring directly like asking "do you need job" right on the spot if you look obviously available

they want whoever is cheapest

They want anyone they can get for as little as they can pay them. Older people are desirable now because financial pressures are forcing them back on the job market. As an employer you can exploit them and low ball them for a few years of work before they die since you have a lot of leverage due to their desperation. You know, drain some productivity out of them before their last leg collapses. Not to worry though, it's all for the greater good of glorious Britannia. Won't someone PLEASE think of the rich business owners!!! There kinda sorta like people too right?

Young ppl want higher wages. Old ppl want free time and larger pensions. Country cannot deal w/ a spoiled workforce.

Those not smart enough to negotiate a wage.

@@axeblue sacrifice yourself for the country if you wana be a mug. Boris Johnson or our fat MP's won't. Needs to be a point to working. People don't do it for a laugh. They know where every loose penny is. They have never had more control. Capitalism depends on paying people what they are worth. If poor people have no money the ecconomy stops and businesses close. Poor spend money. The rich sit on it. All the wrong people are in control of the money.

This is a gross misunderstanding of how anything works, stfu

English peasants know their place tho (deliberate wind up to try and get someone working class to stop voting for them), tories could easily win the next election too.

The UK can't afford the Tories any more!

I want my taxes to rise to fund the public sector, said no one ever

@@Goady1000 tax evasion is rampant among the mega rich.

@@cdean2789look into birth certificate fraud :)

you get a descent wage! my GOD

welll said - i went there for my masters studies and decided not to stay. Its like you surviving like a living paycheck to paycheck.

@Barry Marx wrote little 175 years ago. Capital volume 1 was written later, if that is what you are referring to. Marx wrote about industrialisation, which meant first migration of rural migrants to the city, transforming Manchester into the cotton polis. I doubt you have read capital vol 1, 2 or 3. Why do you even cite Marx?

as they always have been, nothing new there. But you are right, the screwdrivers have never been this powerful.

And we are screwing up the planet for them.

@@cdean2789 they are also screwing the planet.

@Barry yes, exactly, you are not wrong, but that is much later. In that letter he praises "Irish proletarians" and "English proletarians". The antagonism he blames on the press and the bourgeoisie. Nothing changed since then. He commented on that much earlier, btw. He first visited Manchester in 1845. Better is the description of Engels' Condition of the Working Classes.

TF are you on about?

@@user-im9zp4yp9x What 8 other people have agreed with. Companies should pay people more, they constantly line their pockets and it’s easy to find out by how much in pure excess. If they paid people more then the cost of living crisis wouldn’t be so bad in the first place.

@@Tx432 I was acutally refering to the fact that you have no clue how taxes work.

@@user-im9zp4yp9x I have a second job, so yes I do. I get no personal allowance on the second job, because it all goes to my first job as I earn more than the 12.5k threshold on the first one. On second job 20% of all my earnings are taken in income tax, and I have to pay NI as well. So on my second job I only take between 73 and 77% of the gross figure. Believe me I’ve tried to see if there’s another way, there really isn’t. I don’t know if you’re thinking of the US system and not UK. Second jobs you won’t get any personal allowance and you will be on BR basic rate tax code, which is 20% straightaway and then plus national insurance as well.

@@Tx432 It's called Personal Allowance, not "Job Allowance" and it covers more than just salaried income. If your gross is 40k you will pay exactly the same amount of total tax regardless if you have 1 or 5 jobs. What's unfair about this? Think about how silly the system would be if it worked the way you expect it to - Everyone would be better off with 5 part time gigs paying 10k each (with no tax on it) rather than single job paying 50k. That's just silly. Now READ IT AGAIN and wait... what's that? Sounds like your idea is PUNISHING the person with a single decently paying job? How ironic

12 years of Tory rule is what's going on.

That's why Australia has so many UK nurses & doctors.

rich country does not mean rich people. the UK economic system still operates on serfdom

Not richer. Having a few with a lot doesn't make the whole country richer.

all of europe has better wage growth. blame our almost continuous tory govs

u right

But they said it was not a real terms rise?

And any professional paramedic would know its very unprofessional to make that statement without seeing the individual face to face.

plus the 5% coming rise in council taxes.

8% if your council up by max and have social care like mine. I love Torbay council

You spend 100% of your take home on council rent or your math skills are s*it?

@P not very bright are you? Rising wages and Rising council rent's equals 0 gains in rising wages. 👍

@@chadimirputin2282 please explain how 👌 Lady bright

They literally mentioned this more than once

@@barry3012 your funny mate if that’s what you think

@@williama-d6there is no job security because company’s are surviving day to day.

@@barry3012 I’m talking about working class people. Shop fitters,factory workers,plumbers,electricians, Steele construction, fabricated welding. You know the backbone of any decent country. These are the people who suffer

@@barry3012 there is no such thing as job security these days. Everyone I know is a tradesman or factory worker. My brother fits furniture in new restaurants, or refurbs old ones. Yes he earns good money but that’s because he works 60+ hours a week. Everyone I know works 40-50 hours just to get by. The cost of living is so high now people have to work this many hours even on £15-£25 a hour, and there’s no guarantee this will last. People are finding it hard to get materials. it’s been like that for years in the steel industry as the uk sold all there steel to China. My brothers boss is already talking about a cash flow problem so are alot of others. It’s getting worse day by day. CBDCs will kill off what’s left of these company’s

You need to secure another offer first. My friend did this and got an extra 15k a year to stay.

No public sector gets screwed. Nurses, teachers, etc. they don't matter, the Tories and channel 4 say

Politicians, bankers and CEOs only.

Still waiting lol credit cards are getting heavy.

Got a pay rise of 4% last year and 4% this year working in a hotel. When I worked in retail we were lucky if we got a pay rise of 1 or 2% and that was only because I was in a Union.

They just use the tax payer to subsidiseb low wages, through tax credits.

I'll just continue importing from india, china and indonesia. Thanks.

Brexit doesn't help

@left_blank simp more? your tongue must stink now

@left_blank UK govt spends twice as much on pensions than on welfare benefits. If you want to save money, cut pensions. No politician will do that because it's political suicide: pensioners vote.

Ok Boomer! Only the boomer generation would expect their children to take care of them until they pop off by which point there shan't be anything they have not destroyed for them to have a future from.

Media lies so that they can fool investors that UK is back on business. No such thing as pay rises and if there are, maybe on some niche industries.

London.

The missing tool is: a crack pipe

HGV drivers on average getting 13% this year, this is after 25% average rise in 2022.

Lol true 😂

Maybe we should clap

@@cdean2789 : In your case a "dose of the clap" will suffice. The situation is grim and can do without your mental farts!

@@Keithlfpieterse sarcasm goes straight over American heads

@@cdean2789 : Nah not "straight over..." It passes right through - from ear to ear. Simple explanation: A VACUUM between the ears! Hahaha!

@@Keithlfpieterse the Tories got us to clap for Nurses during Covid but now that they want a living wage the Tories slap them. 12 years of Tory rule has destroyed my country

I'm sure we'll get Pizza parties or something.

Because we're not in America and somehow their news is less propaganda lol

imagine if you just hadn't wet the bed about a sudden small dip in profits, and had simply just locked down on day 1, instead of fighting the inevitable.

Because thats not whats happened at all

@@Goady1000 the UK is the most Chinese influenced western nation. Are you surprised communism is on its way?

it's already understaffed in Texas

Fight for it.

This is why many people change the company they work for every couple of years. Sometimes it's the only way to get a pay rise.

I moved to Australia and it doesn't even come up as a discussion... Not great when older because there's a larger barrier to switching jobs.

I did. If you're not getting a pay rise, you're being ripped off by your employer and should start looking for a better paying job! There are plenty hiring. Moving every couple of years is the only way to keep up with inflation these days.

The bosses

@@allip4226 works till you're 50. After than the person who has 20y inside knowledge at the company has an advantage over the old dude they're interviewing.

PM and MPs

Yes, they need to pay the transport workers much better.

smirnoff

Together with some trickle down

depends were you are a decent wage in wales i would say is 30k maybe 35k in some parts of england i’d say a decent wage is 50k or 60k a year.

I would call a decent pay, an amount that would not mean a worker having the need to go to a food bank, in whichever country they are working in.

40-50k

One can provide oneself with a nutritious meal for just 30p, I hear.

£35,000 plus definitely anything lower than that is just not worth it for me

You really dumb rn, they said that people who retired, retired early; not reach state pension age, clearly like you have. 'Cutting people off' literally brings zero benefit to you because the vast majority of people between 16 and 65 have a job. In contrast, the vast majority of people on any kind of income support by the government have genuine reason to, but I'm sure you smiled at the headlines when the government was contacting dead people saying they can enter the job market. There is so much wrong with the UK and most of that is you.

Inflation will always rise faster than wages in the long run in some sectors and in other sectors pay will outpace inflation rapidly. We don't have a lack of investment, the problem is that artificially low interest rates cause asset price inflation meaning any company needs to produce greater years output before they see a return and expansion is slowed by that, reducing supply because the effectiveness of investments has evaporated. Now we have inflation in goods the price between asset price and output is shrinking, making faster expansion possible, but interest rates need to be higher.

Becuase? Too lazy to learn?

@@user-im9zp4yp9x Moving is a hastle always is. In adition you may need a large deposit even to move into a new rented place. The deposit will be higher in comparison to what you can get if you are moving to a prosperous job rich region. There may also be no support stuctures where you are moving to, your children may be integrated into school, your spouce may have employment where you already live that cant be replicated where you are lookning for a job. There's a whole host or reasons that moving to jobs is not trivial. Mabey you dont even hear of the new opertunity. Reskilling also has its issues. You may have dependants that rely on you not to take a pay decrease to reskill and possibly jump industies to a lower grade and/or depend on you to give your non-contracted hours to them so can't spend many hours reskilling. For many skills, formal training is needed, where I live you basically get your first degree paid for but after that you pay for it and perhaps you can't take on that cost. Mabey youre at a point in life where the time investment to learn new skills and then make a new carrere will see you die of old age before its fiantially better for you. Mabey you cant face the emotional idea of failure and regression that some people feel when they think about giveing up a careere to start a new one. For many people the idea or reskilling is alien and/or not something they belive they can do (even if they can), sometimes because of personal reasons and sometimes because "people like them" or people "where I come from" dont do that. P, don't take this the wrong way but if you think that the world is a meritocracy by nature and that effort is all you need then you've been thinking far to little about it or been very lucky you or someone you know have not come across copious examples of obsticles to jobs. Wheter or not I am someone who is or has done on of these two things doenst matter, your agro is childish and besides, my point is different: Some politicians, economists and comentators asume that people will just slot into jobs that are available regardless of where they are or what the skills that are needed are, and they base their political stance with that assumption in mind. But its wrong, popuations are sticky, economic activity is sticky. Oh and P, dinny be a tube.

Scrap Brexit 😂 Yeah cos that's what happens in a democratic country, the government scrap something that was decided with a democratic vote 😂

Murdoch lied, murdocratic.

@@davebirch1976 Tbf we live in an indirect democracy. The illusion that direct democracy is somehow better is, I fear, gravely mistaken. Where you draw the line of course is not for me to answer. Brexit was, after all, a very big decision and perhaps its just that the public voted.

@@Paul-zk2tn what's to say, if the votes had went the other way, we still would be in this mess as COVID would still have happened, although there are probably some that blame COVID on Brexit too 😆

The bus has gone

He was stammering 😅😅😅😅😅

Stay strong compadre

Take solace in the fact that you aren't one of those well to do scumbags though. The world needs salt of the earth folk more than we do "successful" kuntz. We have enough of them sick fkrs.

@@samgrainger1554 but fr £4.81 is the minimum wage for 16-17 how are we meant to survive on that I don’t understand it.

@@LDN2205 wasn't saying the system isn't broken. If it beats us down do we cow down?

@@LDN2205 You aren't. You're supposed to live under your parents roof for free whilst the companies profit off your inability to be an independant adult..

not me - im private - And those Issa Brothers LOVE to hide everything - Im holding out for redundancy

Exactly

22%

@@thelasthourgetready that's conservative IMHO. Some food has gone up over 120%, some building materials are up 300%. Yes washing machines are cheaper, but I only buy one of those every 30 years.

They've had a real terms cut this year m8

Lazyness is merely a lack of motivation. When people grew up in the 70's, a man going to work could buy a home, a car, get a decent pension scheme, and provide for their family. Nowadays, you can get an engineering degree in an attempt to have a half-decent life and 50% of your salary goes to pay council tax & rent on a 1-bed flat to pay for a boomers quarterly cruise and social care. If you are lucky you can save £200 a month, and after 10 years and you might end up with enough to buy a 3-bed semi on a 35 year mortgage if you are fortunate enough to find a partner in the same financial position as you. I'm just kidding - house prices will have risen by more than what they saved anyway. Such is the reality of being a small cohort. When boomers were young, they were the majority and economic policy was shaped by their desires. Now they are older, they're still shaping it for their desires - and as a result, the young are not afforded the same the opportunities their parents and grandparents were. If you want people to be motivated to work then the country needs to sell workers a life where doing so is meaningful. But I presume you are elderly and have zero understanding or appreciation of how hopeless the future looks for todays young workers.

Speak for tourself talk about generalise

Lazy and spiteful. Brexit proved that. You've bought our council housing stock, inflated house prices and now you want early retirement?! Watch your back 🎯

It's just ageism in general.. you can easily skill up in Excel and tech if you put your mind to it.

Computers have been around for decades. The problems were down to our education system policy makers and teachers dismissing them as a fad in the 70s and 80s.

this govt have cut back on training programmes in FE colleges, so there are fewer opportunitiues to learn new skills. The conservatives are reaping what they have sown now after years of cuts.

I hope they go up to 10%

They don't want to, they want to retire, get the pension they've paid nation insurance for 45 years towards. Let's give the young people a job, if they want to work

More like attitudes towards pay raise gave the green light to inflation. Stupidity, crossed with deception, expecting the influx, not inflation, in money would land in ppl's pockets.

That has actually been happening in the NHS for years. Ask many hospital Docs or nurses how they stay beyond contracted hours for no pay, hundreds upon thousands of underpaid hours.