Pay for ordinary workers has not kept up with economic growth and rising company profits - and there are several reasons why writes Duncan Weldon, senior economist at the Trades Union Congress. Have you noticed how your boss seems to be doing quite well, but your own pay is stagnating? The cost of living is going up, but your wages are not keeping pace? It is easy to blame the recession, but you may be surprised to hear that the trend for weak wage growth predates it. Pay for ordinary workers had flatlined before the the current global financial crisis began. Research by the think tank The Resolution Foundation, ... (full story)