GMB Members area

  • Is your GMB profile up to date?
  • Give GMB your new address.
  • Be a Workplace Organiser?

UK Living Standards Drop

Tuesday 27th December 2011

NORTH WEST FULL TIME WORKERS SUFFER WORST DROP IN LIVING STANDARDS IN THE UK AS REAL VALUE OF EARNINGS FALLS BY 9.1% DUE TO ‘BANKERS RECESSION’ AND STALLED RECOVERY

 

These figures show that the Government’s strategy for an economic recovery is in tatters as living standards in the UK drop by 5.9% says GMB

 

Full time workers resident in the North West have suffered the worst drop in living standards in the 12 regions of the UK. The real value of their average gross earnings have fallen by 9.1% between April 2007 and November 2011, due to ‘bankers recession’ and stalled recovery.

 

The South West’s full time workers suffered the next worst fall in living standards in the UK with a drop of 8%, followed by the West Midlands with a drop of 7.6%, the East of England with a drop of 7.3%, Yorkshire and Humberside with a drop of 7.1%. In the East Midlands the real value of average earnings for full time workers is down by 7%, for Wales the fall is 6.7%, for London the fall is 5.1% and for the South East it is 5.5%. In Northern Ireland the fall is 4.6%, for Scotland the fall is 4.1% and for the North East the fall is 2.3%.  In all regions in the UK the real value of the average gross earnings for full time workers resident in each region have fallen.

 

These figures are from a new analysis by GMB of official earnings data. The table below shows the change in living standards for all 12 regions in the UK, between April 2007 and November 2011. The fall for the UK as a whole is 5.9% and for England is 6.2% during the same period.

 

The fall in living standards for full time workers resident in some parts of the UK have been much more severe. Full time workers resident in Hammersmith & Fulham have seen the real value of average earnings drop by 28.6%, the largest drop in the UK. Next is Herefordshire with a drop of 22.7%, Bedfordshire down 20.7%, Nottingham down 20.5%, Hillingdon down 19.2%, Harrow and Stirling down 17.2%, Cheshire down 16.6%, Bracknell Forest down 16.5% and Conwy down 15.8%. The figures for the top 20 in the UK are set out in Note 4 below. The figures for all 197 areas of the UK are in a pdf at the foot of this release in the ‘Newsroom’ of the GMB national website http://www.gmb.org.uk/ . Also set out in the same place are 11 regional press releases with regional details and regional GMB contacts details.

 

In the analysis GMB looks at the figure for annual average gross earnings of full time workers in each regional and area from official ASHE data for April 2007 from ONS before the recession kicked in. This figure is compared with the figure for annual average gross earnings for the same region/area from ASHE for April 2011.  The changes shown in annual average earnings between these two periods, plus an uprating for wage increases to September 2011 are measured against inflation over the same period to calculate the real change in the value of these earnings. See Notes to Editors for sources and inflation details.

   

Mean gross annual (£) - full-time

   
   

2007

£

2011

£

Change

£

Drop in real value of earnings from April 2007  to November 2011*

%

 

United Kingdom

30,015

32,837

2,822

-5.9

 

England

30,852

33,661

2,809

-6.2

rank

         

1

North West

27,179

28,848

1,669

-9.1

2

South West

27,570

29,564

1,994

-8.0

3

West Midlands

26,703

28,743

2,040

-7.6

4

East

32,134

34,691

2,557

-7.3

5

Yorkshire and The Humber

26,368

28,527

2,159

-7.1

6

East Midlands

27,308

29,565

2,257

-7.0

7

Wales

25,184

27,346

2,162

-6.7

8

London

42,226

46,284

4,058

-5.7

9

South East

34,514

37,904

3,390

-5.5

10

Northern Ireland

24,694

27,334

2,640

-4.6

11

Scotland

27,114

30,140

3,026

-4.1

12

North East

24,278

27,433

3,155

-2.3

 

 

 

 

 

Paul Kenny, GMB General Secretary said, “These figures show that the Government’s strategy for an economic recovery is in tatters as living standards in the UK drop by 5.9%.

 

George Osborne has the economic literacy of a stick of rhubarb.

 

Full time workers in all regions in the UK have seen the value of their earnings drop when they have a job. Things have got a lot worse in the past year as the recovery underway at the time of the election stalled and the UK is mired in a new recession.

 

Two thirds of the economy is consumer driven and Osborne must be the only person who does not get it. Squeezing wages, pay freezes and cutting jobs will not restart the economy. Using the IMF measures his cuts will reduce real private consumption by 4% and GDP by 3.4% over the next few years.

I doubt if the electorate had any notion that a change of government would lead to a loss of 376,000 jobs across the UK, in the public sector, in the short time since the general election. (See Note 5 for the regional figures for public services job losses) When the ‘same old Tories’ were returned to power they brought with them the same old philosophy that “if it’s not hurting it’s not working.”

 

Ends

 

Contact: Martin Smith, GMB National Organiser on 07974 251722 or Brian Strutton, GMB National Secretary for Public Services on 07860 606137 or Martin Smith, GMB National Officer on 07974 251722 or GMB Press Office: Steve Pryle on 07921 289880 or Rose Conroy on 07974 251823.

Please click on the release relevant to you region below:

 

 

Notes to Editors:

1              2007-2011 Annual Survey of Hours and Earnings - residence based Source: Table 7.7a, Annual Survey of Hours and Earnings, Office for National Statistics. Crown Copyright Reserved

 

2              In the analysis GMB looks at the figure for annual average gross earnings of full time workers in each region/area from official ASHE data for April 2007 from ONS before the recession kicked in. This figure is compared with the figure for annual average gross earnings for the same region/area from ASHE for April 2011.  The changes shown in annual average earnings between these two periods, plus an uprating for wage increases to September 2011, are measured against inflation over the same period to calculate the real change in the value of these earnings.

 

3              Between April 2007 and November 2011 inflation has been 16.1%, of which half (7.65%) has taken place since April 2010.

 

4              The 20 areas in the UK with the biggest drop in the real value of gross annual average earnings for full time workers resident in the areas.

   

Mean gross annual (£) - full-time

   
   

2007

£

2011

£

Change

£

Drop in real value of earnings from April 2007 to November 2011*

%

           
           
           

rank

         

1

Hammersmith and Fulham

60,082

52,053

-8,029

-28.6

2

Herefordshire, County of UA

29,543

27,355

-2,188

-22.7

3

Bedfordshire

35,178

33,266

-1,912

-20.7

4

Nottingham UA

28,832

27,331

-1,501

-20.5

5

Hillingdon

35,641

34,251

-1,390

-19.2

6

Harrow

37,149

36,427

-722

-17.2

7

Stirling

37,395

36,687

-708

-17.2

8

Cheshire

32,921

32,487

-434

-16.6

9

Bracknell Forest UA

36,723

36,291

-432

-16.5

10

Conwy

26,227

26,086

-141

-15.8

11

Gwynedd

25,156

25,061

-95

-15.7

12

Scottish Borders

26,872

26,783

-89

-15.6

13

Waltham Forest

32,280

32,311

31

-15.2

14

Trafford

35,571

35,832

261

-14.5

15

Wiltshire UA

30,789

31,102

313

-14.3

16

Eilean Siar

24,347

24,603

256

-14.2

17

Ealing

37,388

37,918

530

-13.9

18

North Somerset UA

32,858

33,463

605

-13.4

19

Isle of Wight UA

26,071

26,648

577

-13.1

20

Sefton

25,988

26,572

584

-13.0

 

Note 5  Regional figures for public services job losses since the General Election from the Office of National Statistics (ONS)

 

 

Headcount (not seasonally adjusted

 
 

Q1 2010

Q3 2011

change

% change

 
           

South West

549,000

495,000

-54,000

-9.8

 

North West

724,000

680,000

-44,000

-6.1

 

London

831,000

790,000

-41,000

-4.9

 

South East

719,000

678,000

-41,000

-5.7

 

Eastern

475,000

444,000

-31,000

-6.5

 

West Midlands

526,000

496,000

-30,000

-5.7

 

Yorkshire and the Humber

562,000

536,000

-26,000

-4.6

 

North East

297,000

274,000

-23,000

-7.7

 

East Midlands

402,000

382,000

-20,000

-5.0

 
           

Wales

347,000

333,000

-14,000

-4.0

 

Scotland

625,000

589,000

-36,000

-5.8

 

Northern Ireland

229,000

218,000

-11,000

-4.8

 
           

England

5,084,000

4,775,000

-309,000

-6.1

 

Great Britain

6,057,000

5,697,000

-360,000

-5.9

 

United Kingdom

6,333,000

5,957,000

-376,000

-5.9

 

 

Bookmark and Share