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TUC claims workers in the East Midlands are still £17 a week worse off than 11 years ago

Workers in the East Midlands are still £17 a week worse off than 11 years ago, according to new TUC analysis published today.

The analysis of official figures shows that real wages are still 3.8% below their 2008 level.

By contrast, weekly wages in the East Midlands grew by £81 (+23%) between 1997 and 2008.

The TUC says the last decade has been the worst period for wage growth in more than 200 years.

Not since the beginning of the 18th century has it taken so long for real wages to recover from a slump.

Analysis published by the union federation in September revealed the impact of Britain’s “cost of living crisis”.

Unsecured household debt per household rose to £15,880 in the first quarter of 2019, up £1,160 on a year earlier.

Over half of households now report having unsecured debt, most commonly in the form of credit card debt (60%), overdraft (28%), personal loans (25%) and car finance (25%).

TUC Regional Secretary Lee Barron said: “We need an economy that delivers for working families. But pay packets are still worth less than a decade ago.

“It’s not right that household debt is rising. And that kids in this region are growing up in poverty despite having parents in work.

“The government has failed to deal with Britain’s cost of living crisis.”

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