WiredGov Newswire (news from other organisations)
|Printable version||E-mail this to a friend|
Fair wages and jobs are essential for an economic growth strategy, says TUC
Commenting on Growth Without Gain? - the interim report of the Commission on Living Standards published today - TUC Deputy General Secretary Frances O'Grady said:
'Today's report is a wake-up call to anyone who assumes that rising living standards will automatically accompany our economic recovery.
'Wages have failed to keep pace with economic growth in recent decades. The concentration of wealth at the top has left a growing debt burden for low and middle earners, which contributed to the global financial crash.
'As the UK seeks to recover from the downturn, we need a radical rethink of the way our economy is structured. Securing fairer wages for working people and strong jobs growth are essential to achieving a strong and sustainable recovery.'
NOTES TO EDITORS:
- All TUC press releases can be found at www.tuc.org.uk
- Register for the TUC's press extranet: a service exclusive to journalists wanting to access pre-embargo releases and reports from the TUC. Visit www.tuc.org.uk/pressextranet