The UK saw one of the biggest falls in real wages among OECD countries, a new report from the organisation shows.
Real wages dropped by 2.9% between 2021 and 2022, according to the data, compared to a 2.3% drop across the bloc.
The new data from the Organisation for Economic Co-operation and Development (OECD) also showed that the UK had one of the largest falls in employment among the least well-educated because of the pandemic.