Pay bargaining statistics, December 2008

The CELRE pay bargaining statistics table summarises key data for pay specialists on a monthly basis.

Go to the CELRE Economic Commentary for December 2008.

CELRE pay bargaining statistics: December 2008
Measure How calculated Date Latest
INFLATION      
Retail Prices Index (RPI) % change over 12 months Oct 08 4.2%
Consumer Prices Index (CPI) % change over 12 months Oct 08 4.5%
BASIC PAY SETTLEMENTS      
Whole economy - median Annuals award over three months Oct 08 3.8%
Whole economy - upper quartile Annual awards over three months Oct 08 4.2%
Whole economy - lower quartile Annual awards over three months Oct 08 3.0%
UNEMPLOYMENT      
Unemployment ILO measure: jobless and seeking work Sept 08 1.82 million

Sources: inflation - Office for National Statistics; pay settlements - IRS pay databank; unemployment - Office for National Statistics.

 

 

 

 

 

 

 

Further data on pay settlements and earnings increases, inflation and other labour market measures is available at XpertHR.

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