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Showing posts with label Private sector. Show all posts
Showing posts with label Private sector. Show all posts

Tuesday, February 03, 2009

Pay 'Apartheid' Between Public and Private Sector Workers Grows By 50%

The pay gap between the public and private sectors has widened dramatically in just four years, official figures show.


State workers now earn an average £62 a week more than their private sector counterparts - a 50 per cent increase in the differential since 2004.


Critics say it is fresh evidence of a developing apartheid between the two groups.
It comes at a time when public sector employment is rising while private workers are losing their jobs at a rate of more than 1,000 a day.


There is also growing anger that many pensions in the private sector are being closed, but taxpayer-funded state pensions remain seemingly untouched by the financial crisis.


In 2004, estimated median public sector earnings - those in the middle range of pay - were £452 a week, figures from the Office for National Statistics show.
Private sector median earnings were £410 a week, £42 less.


The difference remained roughly the same between 1997, when Labour came to power, and 2004. But last year the public sector level was £522, against £460 for private employees.



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