This one chart shows how bad real wage growth in the UK really is

 
Emma Haslett
Follow Emma
Southampton v Portsmouth - FA Cup 5th Round
Wallet feeling lighter than it was? UK wages have fallen 10.4 per cent since 2007 (Source: Getty)

Since the downturn wage growth in the UK has been sluggish, to say the least.

But now figures put together for City A.M. by Statista using figures from the TUC has shown quite how disappointing growth has been: between 2007 and 2015, wages have fallen 10.4 per cent in real terms. The only OECD country experiencing a similar fall is Greece.


.

The figures also showed that over the same period, wages in Poland rose 23 per cent - while across the whole of the OECD, the average rise was 6.7 per cent.

It's bad news for the government, which last month was able to boast the lowest unemployment rate in 11 years, while wages rose 2.3 per cent in the year to June when you strip out bonuses.

But the TUC has complained vociferously that it's not enough.

“Wages fell off the cliff after the financial crisis, and have barely begun to recover," TUC boss Frances O'Grady has said.

"The majority of UK households have endured a ‘lost decade of income’. “People cannot afford another hit to their pay packets. Working people must not foot the bill for a Brexit downturn in the way they did for the bankers’ crash." Stern stuff.

Related articles