30 December 2013

The mean average gross wages for workers resident in Cornwall during the recession from 2008 to now have fallen in value by 12 percent. The data is published by the GMB trade union here.

For England the fall is 14.6 percent and most of the twenty areas with the largest falls are in London and the south east of England.

Although the nominal figure for the Cornwall wages has risen, inflation of 17.8 percent in the period has resulted in the fall in real value. The wages are from Table 8.7a of the ASHE data of the Office for national statistics (ONS). The fall period is April 2008 to November 2013.