* The manufacturing of textiles, leather and clothing industry has seen the biggest increase in wages between
* The agriculture, forestry and fishing industry takes second
* The real estate activities industry takes third
New research has revealed the
The study by
It found that the manufacturing of textiles, leather and clothing industry has seen the biggest wage increase in one year. In
The agriculture, forestry and fishing industry takes second on the list. Weekly earnings in the industry increased from £462.40 to £514.45 between
Following closely behind in third is the real estate activities industry. Between
Taking fourth place on the list is the accommodation and food service activities industry. Average weekly earnings increased from £296.12 in
Rounding out the top five is the manufacturing of basic metals and metal products industry, which has seen weekly earnings rise from £700.15 in
Top ten industries with the biggest increase in wages
Rank / Industry / 2022 Dec / 2023 Dec / Dec 2022-2023 year change
1 / Manufacturing - Textiles, Leather and Clothing / £489.18 / £549.41 / 12.31%
2 / Agriculture, Forestry and Fishing / £462.40 / £514.45 / 11.26%
3 / Real Estate Activities / £632.48 / £703.64 / 11.25%
4 / Accommodation and Food Service Activities / £296.12 / £325.71 / 9.99%
5 / Manufacturing - Basic Metals and Metal Products / £700.15 / £765.37 / 9.31%
6 / Information and Communication / £1,070.36 / £1,166.77 / 9.01%
7 / Administrative and Support Service Activities / £541.64 / £585.39 / 8.08%
8 / Retail Trade and Repairs / £379.09 / £405.17 / 6.88%
9 /
10 / Financial & Insurance Activities / £1,489.82 / £1,583.41 / 6.28%
ENDS
Source:
Methodology:
Weekly earnings data was taken from the
The average was found for each month between
Each industry was ranked based on the percentage change between these two points, ranked from highest to lowest as shown above
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