Figure 1: Real median earnings growth rate by age group, tax year ending 2012 to tax year ending 2016
England and Wales
Source: Office for National Statistics and Department for Work and Pensions
The earnings growth rate is calculated for those with PAYE earnings in both periods, and is adjusted for the effects of inflation using the Consumer Prices Index including owner occupiers’ housing costs (CPIH).
Age groups are based on the age of people in the calendar year common to the period covered, that is, age in 2012 for earnings growth over the period tax year ending (TYE) 2012 to TYE 2013.