Losing Cake and Bake: Paltry Pay Increases Compounded with Labour’s Declining Share of Total Income

Introduction

Last week I introduced a Table showing that, over the eight years 2006 to 2013, the average net annual increase in the public sector minimum wage (adjusted for annual inflation) was shockingly low, about one percent. Recall also that the available dataset utilized for this calculation is restricted to those years. That Table contained other important information, which I will explore today; for ease of reference this is reproduced below.

Before addressing the further information there, recall the essential prerequisites put forward to successfully challenge poverty and inequality in Guyana were 1) strong trade unions 2) more class based ideological underpinnings guiding political actors 3) greater public advocacy aimed at