Increasing pay gap between public and private sector workers

A study just published by the Office for National Statistics (ONS) shows that in April 2011 the average worker in the public sector received 8.2% more in hourly pay than an average worker in the private sector. This compares with differences of 7.8% in 2010 and only 5.3% in 2009. Why is the gap getting wider? Many would argue that … Continue reading

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Stratospheric increases in pay are damaging the UK economy

Not my words, but the words of the High Pay Commission. After 12 months of study, this body, set up with charity funding to look at the pay of top executives, said that: “Stratospheric increases in pay are damaging the economy – distorting markets, draining talent from key sectors and rewarding failure” The study compared Directors’ pay in the top … Continue reading

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National Minimum Wage increased

The National Minimum Wage (NMW) has been increased this week by 15p to £6.08 per hour, for adults aged 21 or over. At the same time, the development rate, for those aged 18-20 has gone up by 6p to £4.98 per hour, and for those in the 16-17 year old category the rate has risen by 4p to £3.68 per … Continue reading

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UK unemployment increases again

More bad news! Unemployment has risen, following on from yesterday’s rise in prices. Unemployment rose by 44,000 to reach almost 2.5 million in the three months to the end of December, according to statistics published by the Office for National Statistics earlier today. This gave an unemployment rate of 7.9%, which was up 0.1% on the quarter. The unemployment rate … Continue reading

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Small drop in unemployment

In the three months to September, the total number of people unemployed fell by 9,000 to reach 2.45 million. This gave an unemployment rate of 7.1% which was 0.1% down on the quarter. The picture is similar when we look at those claiming Jobseeker’s Allowance (also called the claimant count), with a fall of 3,700 between September and October, to … Continue reading

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Outlook for jobs worsens

It looks as though jobs are going to be lost from the public sector faster than they are going to grow in the private sector. So says the latest Labour Market Survey produced by the Chartered Institute of Personnel and Development (CIPD) together with KPMG. In a survey of over 700 employers it appears that those employers who plan to … Continue reading

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Public sector to be hit

Mr Brown has just launched an attack on public sector pay which he describes as “excessive”. He announced the government’s paper on smart government, saying: “It cannot be right that taxpayers fund 300 local authority officials who have salaries over £150.000 or that in total over 300 staff across public sector bodies are paid more than £200,000.”   How is … Continue reading

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Pay gap between men and women narrows

There was a narrowing of the gender pay gap for all employees in the UK this year of 0.5 percentage points to 22%. The Office for National Statistics measures the gender pay gap by the median hourly pay excluding overtime. When full-time employment is examined, males earned an average of £12.97 an hour before tax compared to £11.39 an hour … Continue reading

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Continued increase in public sector employment

Latest figures show that public sector employment increased by 13,000 in the second quarter of 2009 to reach 6.039 million. Overall, employment in central government increased by 21,000, whilst employment in local government and public corporations fell by 5,000 and 3,000 respectively. There was also an increase of 1,000 in the number of employees in the Civil Service.   This … Continue reading

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UK unemployment has now reached 2.43 million

The number of unemployed people increased by 220,000 in the March to May quarter to reach 2.43m. This was up by 750,000 on the same three months last year. This is according to figures from the Labour Force Survey (LFS), which uses the International Labour Organisation’s (ILO) approved method of counting unemployment.   This shows that the unemployment rate on … Continue reading

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