Recovery not happening in People’s Pockets - Tóibín
Responding to the publication today of the CSOs latest data on earnings and labour costs Sinn Féin’s Jobs Spokesperson Peadar Tóibín described the rise of earnings by just 0.5%, marginally above inflation, in the last 12 months as paltry and belies the government’s propaganda on a booming economy.
The Meath West TD said:
“Fine Gael and Labour claim that their number one priority is jobs, and whilst there is a creeping growth in employment the latest earnings data tells us that for many people there is no recovery in pay at all.
“In real terms wages for many haven’t risen, and in large parts of the economy wages are still falling. More people are working and working longer but they aren’t any better off. Average earnings are below where they were when this government came into office.
“Many sectors are still showing outright falls in average earnings. Workers in industry, construction, finance, professional & scientific, education and health are all still experiencing falls in average hourly earnings.
“Those working in SMEs are faring worse, with an average decrease in wages over the last 12 months. Numbers working in the public sector also continue to fall under this government, and the direct result of this devastating policy has resulted in the scandal of 20,000 children waiting on speech and language therapy with nearly 2/3 of these waiting on an initial assessment.”