Calderdale has 16 percent drop in wages says GMB

Are the people of halifax getting poorer?
Are the people of halifax getting poorer?

A survey has claimed people in Calderdale have seen huge falls in the value of their earnings over the past seven years.

Calderdale was fifth on the list of local authority regions whose inhabitants saw the biggest fall in the value of their wages since the financial crash of 2008.

The survey, comissioned by the GMB union, claims the value of average wages in Calderdale fell by 16.9 percent – higher than the 14.9 percent figure for Yorkshire and Humber as a whole.

GMB general secretary elect Tim Roche said: “While we have seen a growth in the number of workers as the population has grown average pay has simply not kept pace with inflation.

“Since 2008 the cumulative inflation has been 20.6 percent. This has had a deflationary impact on the region and has also impacted on the tax take by the Chancellor to pay for essential public services.”

The survey showed average wages in Calderdale had actually risen on average from £27,877 in April 2008 to £28,911 in April 2015, but the wage rise could not keep up with the dwindling value of the pound.

If the mean wage in Calderdale had risen in line with inflation since April 2008, it would now have been £33,619 – almost £5,000 more than it is currently.

The survey said the biggest fall in Yorkshire was in York, which saw a real terms drop of 22.3 percent, while Wakefield (19 percent) and Kirklees (16.2 percent) also saw significant falls.