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Average Earnings: Key Economic Indicators

Published Tuesday, December 11, 2018

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

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In April 2018 median gross weekly earnings for full-time employees in the UK were £569, up 3.5% on April 2017. This was the highest growth in earnings since 2008. Adjusted for inflation, median earnings for full-time employees increased by 1.2%.

More timely but less detailed data show average weekly earnings for all employees in Great Britain, increased by 3.3% excluding bonuses in the three months to October 2018 compared with the previous year. This was the highest annual growth since the end of 2008 (not adjusting for inflation). Average weekly pay including bonuses increased by 3.3%.

Inflation as measured by the CPI averaged 2.5% over the same period.  After adjusting for inflation, average weekly earnings excluding bonuses were both 0.8% higher than the previous year.

Weekly earnings

Trends by Sector

Average weekly total pay (including bonuses) grew by 3.4% in the private sector and by 2.78% in the public sector in the three months to October 2018 compared with the year before.

Pay Levels

Median weekly earnings for full-time employees in the UK were £569 in April 2018. (The median is the point at which half earn more and half earn less).

Median hourly earnings (excluding overtime) were £14.31 for full-time employees at April 2018: £14.81 for men working full-time and £13.54 for women.

Median hourly earnings (excluding overtime) were £9.36 for part-time employees; £9.07 for men and £9.47 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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