Pay rises fall to record low of 1.1-per cent

Evening TimesJune 08, 2009

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Summary


THE rate at which workers' pay is growing fell for the sixth month in a row during May to hit a new record low, figures show.

Take-home pay increased at an annual rate of 1.1-per cent during the month, down from 1.6-per cent in April and a recent high of 4.5- per cent reached in July last year, says payments group VocaLink.

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Pay rises fall to record low of 1.1-per cent

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