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Thread: Good news: NI full time annual earnings up 4.2% compared to 1.4% in UK

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    Default Good news: NI full time annual earnings up 4.2% compared to 1.4% in UK

    BBC News - Northern Ireland pay rises by 1.6%, survey says

    The median gross annual earnings for full-time employees in NI grew by 4.2% to £24,011 in 2012.
    This compared to 1.4% growth in the UK to £26,462.
    Good news. It shows that the level of pay is growing north of the border. This is an important part of a growth process. Higher paid jobs are better more productive jobs!

    It is important that Northern Ireland economy develop in this way, as it means people are more productive and therefore the economy is stronger.

    One in the eye for dissidents, this shows that the work of the coalition government north of the border, established under the GFA, is delivering. Much more to do, no room for complacency, but credit where credit is due.

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    Politics.ie Member Portadown madman's Avatar
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    One republican telling us ..it's grim for the North, another Republican posts this!!!


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    Politics.ie Member between the bridges's Avatar
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    FFS don't tell arty!!
    Nec Aspera Terrent..Is Tuaisceart-Éireannach mé. Má tá meas agat ar mo chultúr, beidh meas agam ar do chultúr.

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    Politics.ie Member Legolas's Avatar
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    Serious? I've just read a thread which claims our only way forward is joining up with the Republic of Eire...... confused

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    Politics.ie Member InsideImDancing's Avatar
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    Quote Originally Posted by Portadown madman View Post
    One republican telling us ..it's grim for the North, another Republican posts this!!!

    Republicans are allowed to have differing opinions, hehe.
    Police ombudsman Nula O'loan - We found collusion on a massive scale, murders, intimidation, directing terrorism, attempted murder, drug smuggling, the list of crimes is endless..

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    Politics.ie Member between the bridges's Avatar
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    Quote Originally Posted by InsideImDancing View Post
    Republicans are allowed to have differing opinions, hehe.
    Tell that to Connolly House...
    Nec Aspera Terrent..Is Tuaisceart-Éireannach mé. Má tá meas agat ar mo chultúr, beidh meas agam ar do chultúr.

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    Quote Originally Posted by between the bridges View Post
    Tell that to Connolly House...
    Artys politics are not Sinn Féin's politics.

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    Politics.ie Member Portadown madman's Avatar
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    Quote Originally Posted by factual View Post
    Artys politics are not Sinn Féin's politics.
    Artys politics come from talking out of his ar$e.

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    Politics.ie Member ArtyisBack's Avatar
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    I am not controlled by Connolly House. Indeed it is good news that wages are increasing. It is better news if it is supported by an economy which can sustain these rises. Which is the devil in the detail.

    As Arlene rightly said
    Whilst this is encouraging it is recognised that in order to reduce further the pay gap that exists between Northern Ireland and the UK, as well as promoting economic recovery, the private sector requires more highly paid jobs
    And as we have seen today those jobs are going elsewhere and are being replaced, ( if even that), by low level retail drudgery.

    If we look at the private sector we see that For full-time NI employees, median weekly
    earnings in the public sector were 44.9% higher than in the private sector at April 2012,
    and this was true for both men (41.4% higher) and women (71.8% higher). These are startling figures and show the level of public sector wages shoring up the economy. These public sector wages are under pressure from Westminster.


    When we look at the sustainability of these rises we get another wake up call. The latest from the Index of Production for the second quarter of 2012 showed that output in NI fell over the quarter (-5.0%), while output in the UK as a whole decreased by 0.7%. That is a very significant contraction. In the last four quarters there have been two quarterly increases and two quarterly decreases in output. The NI index remains some 12.9% below the peak recorded in Q2 2008 (120.1). So it looks as if they are paying slightly more for significantly less. That is not sustainable.

    So we can see that the rise in N.Ireland earnings are largely due to big increases in public sector pay. In turn this influenced by timing of pay awards. Again we see that the economy is not being driven forward by manufacturing or by exportable services.

    Then is we look at the RPI and we see that inflation is 3.5%. If you are in the private sector with an increase in wages of a mere 0.5% that is quite a cut in real terms.

    The sad fact is that this is actually bad news all round.
    http://ulstersdoomed.blogspot.com/ http://www.requetes.com
    For unionism this is as good as it gets, for nationalism this is the worse it can be.

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    This is great news for our wee country and comes on the back of the G8 announcement,Rory's golfing success and our boxers' performance in the olympics.We are certainly punching above our weight.

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