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Old 19-09-2015, 13:53   #14
Hugh
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Re: The Bank of England may have to cut rates to combat low inflation

Quote:
Originally Posted by Chris View Post
Yes, let's all sit down and read through 51 pages to find the bit you're referring to ...
Executive Summary, page 1 and 2

To summarise the summary -

In raw terms, pay levels are higher in the public sector than in the private sector. However, after accounting for differences in education, age and where workers live, the differences are much smaller. Among men, the average public sector pay differential in 2013–14 was close to zero, while among women it was around 8%.

Which contradicts the previous statement

Public sector pay is way behind the private sector, on current figures.
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