This statistic illustrates the change in median annual earnings for adults in the United Kingdom (UK) in 2017 compared with 2008, by age group. In 2017, adults aged 30-39 in 2017 earned 7.2 percent less than people that age in 2008, compared with a drop of 0.7 percent for over 60s. Across all age groups, earnings decreased by a median amount of 3.2 percent.
Change in median annual earnings in the United Kingdom (UK) between 2008 to 2017, by age group*
*IFS calculations using the Annual Survey of Hours and Earnings. Inflation adjusted for using a variant of the Consumer Prices Index that includes mortgage interest payments
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Institute for Fiscal Studies . (September 12, 2018). Change in median annual earnings in the United Kingdom (UK) between 2008 to 2017, by age group* [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/913580/wage-decrease-after-the-recession-in-the-united-kingdom/
Institute for Fiscal Studies . "Change in median annual earnings in the United Kingdom (UK) between 2008 to 2017, by age group*." Chart. September 12, 2018. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/913580/wage-decrease-after-the-recession-in-the-united-kingdom/
Institute for Fiscal Studies . (2018). Change in median annual earnings in the United Kingdom (UK) between 2008 to 2017, by age group*. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/913580/wage-decrease-after-the-recession-in-the-united-kingdom/
Institute for Fiscal Studies . "Change in Median Annual Earnings in The United Kingdom (Uk) between 2008 to 2017, by Age Group*." Statista, Statista Inc., 12 Sep 2018, https://www.statista.com/statistics/913580/wage-decrease-after-the-recession-in-the-united-kingdom/
Institute for Fiscal Studies , Change in median annual earnings in the United Kingdom (UK) between 2008 to 2017, by age group* Statista, https://www.statista.com/statistics/913580/wage-decrease-after-the-recession-in-the-united-kingdom/ (last visited December 21, 2024)
Change in median annual earnings in the United Kingdom (UK) between 2008 to 2017, by age group* [Graph], Institute for Fiscal Studies , September 12, 2018. [Online]. Available: https://www.statista.com/statistics/913580/wage-decrease-after-the-recession-in-the-united-kingdom/
