UK real wage decline worst than post-GFC

⊰ 2022-07-11 by ShaunO ⊱

The following graph shows what I anecdotally experienced post-GFC (2008) in the UK. My best guess was a fall in real wages of between 10-15% over 2008-2013.

That fall is significantly faster now by the looks, with workers once again paying for the hubris of an incompetent Tory government, and from 'shooting themselves in the foot' with brexit..