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  • NIESR Wage Tracker

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Publications

NIESR Wage Tracker - February 2021
Publication date: 23 Feb 2021 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Average pay growth to ease after a strong rise in the last quarter of 2020   Average weekly earnings (AWE) averaged 1.8 per cent in 2020, making it the lowest average earnings growth since 2014. The year was split between a sharp drop in the first half and a strong rebound in the second half. The...
NIESR Wage Tracker - January 2021
Publication date: 26 Jan 2021 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Compositional effects push up average weekly earnings at the end of 2020   Main points Pay growth ended 2020 better than it had started. Average weekly earnings including bonuses (AWE) among employees increased from 2.8% in October to 3.6% in November 2020. The increase was driven by the...
NIESR Wage Tracker - December 2020
Publication date: 15 Dec 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
2020 shaping up to be the worst year for total pay growth since 2009 Main points According to ONS statistics published this morning, average weekly earnings, including bonuses (AWE), were 2.7 per cent in the three months to October and 1.9 per cent in real terms in Great Britain. Average pay...
NIESR Wage Tracker - November 2020
Publication date: 10 Nov 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Recovery in average weekly earnings to stall despite hopes for a new vaccine Main points Annual growth in average weekly earnings, including bonuses, turned positive from -1.2 per cent in the second quarter to 1.3 per cent in the third quarter as employees returned to work from furlough...
NIESR Wage Tracker - October 2020
Publication date: 13 Oct 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Covid-19 continues to suppress private sector pay Main points According to ONS statistics published this morning, average weekly earnings, including bonuses, were unchanged in the three months to August and declined by 0.8 per cent in real terms. The construction sector was worst hit with pay...
NIESR Wage Tracker - September 2020
Publication date: 15 Sep 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Private Sector Pay to Decline Further in Q3 as Employment Falls Main points According to new ONS statistics published this morning, average weekly earnings, including bonuses, declined at an annual rate of 1 per cent in the three months to July, or 1.8 per cent in real terms. The construction...
NIESR Wage Tracker - August 2020
Publication date: 11 Aug 2020 | Publication type: NIESR Wage Tracker | Theme: Macroeconomics | NIESR Author(s): Young, G
Pay Growth Turns Negative Main points According to new ONS statistics published this morning, average weekly earnings, excluding bonuses, grew at an annual rate of -0.2 per cent in the three months to June, a fall of 0.8 per cent in real terms.  When bonuses are included, total pay fell at an...
NIESR Wage Tracker - July 2020
Publication date: 16 Jul 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Young, G
Private Sector Pay Weakening as Pay Falls   Main points According to new ONS statistics published this morning, average weekly earnings, excluding bonuses, grew at an annual rate of 0.7 per cent in the three months to May, or around zero in real terms.   More up to data information from HMRC’s...
NIESR Wage Tracker - June 2020
Publication date: 16 Jun 2020 | Publication type: NIESR Wage Tracker | Theme: Macroeconomics | NIESR Author(s): Lenoel, C
Sharp Drop in Pay Growth as a Result of Covid-19   Main points The first signs of the COVID-19 impact on the labour market are fewer vacancies, more universal credit claims and lower pay growth. According to new ONS statistics published this morning, UK average weekly earnings expanded by 1.7 per...
NIESR Wage Tracker - May 2020
Publication date: 19 May 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Young, G, Sánchez Juanino, P
First Signs of Severe Labour Market Impact of Covid-19   Main Points Official labour market statistics are mainly lagging indicators and are only just beginning to show the impact of Covid-19 which started to affect the UK economy from around the middle of March.  According to new ONS statistics...
NIESR Wage Tracker - April 2020
Publication date: 21 Apr 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Wage Growth to Slow Further Main points  According to new ONS statistics published this morning, UK average weekly earnings expanded by 2.9 per cent excluding bonuses in the three months to February 2020 compared to the year before, and by 2.8 per cent if bonus payments are taken into account....
NIESR Wage Tracker - March 2020
Publication date: 17 Mar 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Wage Growth Likely to be Hit by the Covid-19 Outbreak​   Figure 1 – Average weekly earnings growth (per cent per annum) Main points According to new ONS statistics published this morning, UK average weekly earnings expanded by 3.1 per cent excluding bonuses in the three months to January 2020...
NIESR Wage Tracker - February 2020
Publication date: 18 Feb 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Lenoel, C
Slight rebound expected for earnings growth Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.2 per cent excluding bonuses in the three months to December 2019 compared to the year before, and by 2.9 per cent if bonus payments are...
NIESR Wage Tracker - January 2020
Publication date: 21 Jan 2020 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
  Real pay growth to strengthen at start of 2020​   Figure 1 - Average weekly earnings growth (per cent per annum)   Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.4 per cent excluding bonuses in the three months to November...
NIESR Wage Tracker - December 2019
Publication date: 17 Dec 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
Year Ends With Softer Pay Growth Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.5 per cent excluding bonuses in the three months to October compared to the year before (figure 1). Total earnings growth including bonuses was 3.2...
NIESR Wage Tracker - November 2019
Publication date: 12 Nov 2019 | Publication type: NIESR Wage Tracker | Theme: Macroeconomics | NIESR Author(s): Hantzsche, A
Uncertainty Taking Toll on Labour Market Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.6 per cent (excluding and including bonuses) in the three months to September compared to the year before (figure 1). With CPI inflation at 1...
NIESR Wage Tracker - October 2019
Publication date: 15 Oct 2019 | Publication type: NIESR Wage Tracker | Theme: Macroeconomics
Labour market weathering an increasingly difficult economic environment ​ Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.8 per cent (excluding and including bonuses) in the three months to August compared to the year before (...
NIESR Wage Tracker - September 2019
Publication date: 10 Sep 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
  Strong earnings data driven by July bonuses and public sector pay but further pick-up unlikely   Figure 1 – Average weekly earnings growth (per cent per annum)   Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.8 per cent...
NIESR Wage Tracker - August 2019
Publication date: 13 Aug 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
Real Earnings Growth Returns to Pre-Referendum Rates but is Unlikely to Pick Up Any Further in the Near Term Main Points   According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.9 per cent excluding bonuses (3.7 per cent including bonuses) in the...
NIESR Wage Tracker - July 2019
Publication date: 16 Jul 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
  Pay growth at 11-year high but further acceleration unlikely   Figure 1: Average Weekly Earnings (3 months average year on year growth, per cent) Source: NIESR, ONS.   Main points   According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.6 per cent...
NIESR Wage Tracker - June 2019
Publication date: 11 Jun 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
  Public sector earnings growth provides a temporary boost to whole-economy wages     Main points   According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.1 per cent including bonuses (3.4 per cent excluding bonuses) in the three months to April...
NIESR Wage Tracker - May 2019
Publication date: 14 May 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
  Nominal pay growth dips temporarily but is expected to stabilise at around 3½ per cent in the second quarter of 2019       Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.2 per cent including bonuses (3.3 per cent excluding...
NIESR Wage Tracker - April 2019
Publication date: 16 Apr 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
  Pay growth stabilises amidst a tight labour market and Brexit uncertainty         Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.5 per cent including bonuses (3.4 per cent excluding bonuses) in the three months to February...
NIESR Wage Tracker - March 2019
Publication date: 19 Mar 2019 | Publication type: NIESR Wage Tracker | NIESR Author(s): Hantzsche, A
  Pay growth appears to be stabilising at around 3½ per cent per annum       Main points   According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.4 per cent (including and excluding bonuses) in the three months to January compared to the year before...
NIESR Wage Tracker - February 2019
Publication date: 19 Feb 2019 | Publication type: NIESR Wage Tracker
Nominal pay growing at fastest rate for a decade, but expected to stabilise in short term     Main points   According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.4 per cent (including and excluding bonuses) in the three months to December compared...

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