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Average Earnings: Key Economic Indicators

Published Wednesday, December 13, 2017

Average Earnings: Regularly updated data on average weekly earnings, including breakdowns by public and private sectors.

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In April 2017 median gross weekly earnings for full-time employees were £550, up 2.2% on April 2016. Adjusted for inflation, full-time workers’ weekly earnings decreased by 0.4%.

More timely but less detailed data show average weekly earnings for the whole Great Britain economy, including bonuses, were 2.5% higher in the three months to October 2017 compared with the year before. Excluding bonuses, average weekly earnings increased by 2.3%. Inflation as measured by the CPI averaged 2.9% over the same period.

After adjusting for inflation, average weekly earnings including bonuses decreased by 0.4% compared to last year, while average weekly bonuses excluding bonuses decreased by 0.6%.

 

Trends by Sector

Average weekly total pay (including bonuses) grew by 2.7% in the private sector in the three months to October 2017, compared with the year before. In the public sector, total pay increased by 1.8%.

Pay Levels

Median weekly earnings for full-time employees in the UK were £550 in April 2016. (The median is the point at which half earn more and half earn less).

Median hourly earnings (excluding overtime) were £13.94 for full-time employees; £14.48 for men working full-time and £13.16 for women.

Median hourly earnings (excluding overtime) were £9.12 for part-time employees; £8.76 for men working part-time, and £9.21 for women. Women are more likely than men to work part-time.

 

Commons Briefing papers SN02795

Author: Andy Powell

Topics: Economic situation, Pay

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