BBC News - Recession prompted 'unprecedented' fall in wages
so should we count ourselves lucky?
Wages have fallen more in real terms in the current economic downturn than ever before, according to a report.
On top of the rising cost of living, one third of workers who stayed in the same job saw a wage cut or freeze between 2010 and 2011, said the Institute for Fiscal Studies (IFS).
On top of the rising cost of living, one third of workers who stayed in the same job saw a wage cut or freeze between 2010 and 2011, said the Institute for Fiscal Studies (IFS).
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