The shadow cabinet minister said Labour increased real wages by £58 a week between 2000 and 2010.
means that rising prices have been outstripping wages. Ministers’ inability to secure growth in the productivity of the economy means that wages have been pushed down. And incomes have also been suppressed due to the government’s failure to help people back to into work, with the UKThe result is that we face a moment of real crisis for working people. Not only have we experienced a decade of lost wage growth, but unemployment is on the rise despite businesses having over a million vacancies.
The record of the last Labour government shows us that things can be different. In contrast to the Tories’ 3p per week over the last 13 years, under Labour real weekly earnings rose by £58 per week between 2000 and 2010. That is nearly 2,000 times as large an increase in wages. To put it in terms of annual pay, wages have increased just £1.70 in real terms each year under the Tories, compared with an increase of £3,030 each year under Labour.
Delivering better living standards for working people is what Labour governments do, and the next Labour government will do it again. Our plan to lay down strong economic foundations, with clear rules on spending public money, will provide security for the country and for households. We will grow our economy and create good, well-paid jobs by investing in new industries. And we will bring down inflation by growing our workforce, offering tailored support to help people out of work back into jobs.Working people have been badly failed by the Tories.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Douglas Ross 'absolutely not' avoiding by-election because Tories won't winScottish Tory leader Douglas Ross has rejected the assertion he is avoiding the Rutherglen and Hamilton West constituency despite not campaigning…
Weiterlesen »
The Tories have a rare moment of credibility - but can Rishi Sunak grasp it?Thanks to the hard yards of repairing the economy, there is a window for Conservatives to gain a fresh hearing
Weiterlesen »
'Braverman must go, she's shit': Tories turn on each other after barge fiascoBoth Rishi Sunak and Keir Starmer are planning to refresh their top teams in the coming weeks to prepare for a year-long run-in to the general election
Weiterlesen »
Long-term use of proton pump inhibitors associated with increased risk of dementiaResearchers determine whether the current and cumulative use of prescription proton pump inhibitors increases the risk of incident dementia.
Weiterlesen »