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Earnings growth 1997 to 2002: a guide to measurements.

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Article

Williams, Richard D.

Labour Market Trends

2003

111

2

February

77-89

comparison ; measurement ; national accounts ; part time worker ; statistics ; wage increase ; labour force survey

United Kingdom

Wages and wage payment systems

English

"There are a number of different approaches to producing earnings data that can be used to construct estimates of earnings growth. This article examines four potential measures of earnings growth; the Average Earnings Index (AEI), the New Earnings Survey (NES), the Labour Force Survey (LFS) and the national accounts wages and salaries component. It discuses the purpose of these measures, their uses, strengths and limitations in producing earnings growth estimates. It identifies which is the preferred source for different purposes. The article also highlights future developments as a result of three National Statistics quality reviews that focus on the labour market."

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