Europe

3904 readers

1 users here now

Europa

founded 5 years ago

MODERATORS

AdAstra@lemmy.ml

Wages in the UK have been stagnant for 15 years after adjusting for inflation. (media.mas.to)

submitted 7 months ago by yogthos@lemmy.ml to c/europe@lemmy.ml

5 comments fedilink hide all child comments

https://www.theguardian.com/business/2023/mar/20/uuk-workers-wage-stagnation-resolution-foundation-thinktank

you are viewing a single comment's thread
view the rest of the comments

[–] Granixo@feddit.cl 0 points 7 months ago (2 children)

That's literally nothing.

Have you seen how things are in the rest of the world?

[–] eleitl@lemmy.ml 6 points 7 months ago (1 children)

Minus London the average UK wealth is below that of Mississippi. The poorest US state.

[–] Hillmarsh@lemmy.ml 3 points 7 months ago

Ouch. I certainly got that impression from reading Consciousness of Sheep though. Watkins is one of the few who doesn't sugarcoat the UK's condition. Unfortunately there are few journalists here in the USA of whom the same could be said. Progress ideology is nowhere stronger than here.

[–] erwan@lemmy.ml 0 points 7 months ago

Europe overall is pretty bad, Japan isn't doing great either but the US and China are going strong.

Wages in US have increased a lot in recent years while they've been stagnating in Europe.

So no, it's not the whole world doing badly.