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Earnings rise fastest for the low-paid, says ONS | Earnings rise fastest for the low-paid, says ONS |
(35 minutes later) | |
Earnings have risen fastest among the lowest paid owing to the introduction of higher minimum wage levels. | Earnings have risen fastest among the lowest paid owing to the introduction of higher minimum wage levels. |
A 6.2% rise for the lowest paid 5% of workers meant pay inequality narrowed between April 2015 to April 2016, the figures from the Office for National Statistics (ONS) indicate. | |
The pay gap between men and women has also shrunk slightly, it said. | The pay gap between men and women has also shrunk slightly, it said. |
Pay overall rose at its joint highest rate since the financial crisis, driven by wage rises in the private sector. | Pay overall rose at its joint highest rate since the financial crisis, driven by wage rises in the private sector. |
Weekly earnings for full-time workers were 2.2% higher in April from a year earlier, or by 1.9% after inflation. | Weekly earnings for full-time workers were 2.2% higher in April from a year earlier, or by 1.9% after inflation. |
In a sign of the growing "gig" economy, part-time earnings were up by 6.6%. | In a sign of the growing "gig" economy, part-time earnings were up by 6.6%. |