average earnings
noun[plural]
ECONOMICS,HRukus(alsoaverage income[CorU])theaverageamountofmoneythatworkersearnin aparticularindustry,area, oreconomyduring aparticularperiodoftime:
Labourmarketdatashowedafallinannualaverageearningsfrom 2.9% to 1.9% .
In the 15-yearperiod, thegapbetween theaverageearningsofpublicemployeesand those of theprivatesectorgrewby 16%.
growth/increase/rise in average earningsAnnualgrowthinaverageearningswasunchangedat 3.75% inJuly.
three/five/ten, etc. times average earningsTwoyearsago, thepriceof theaveragehousewas threetimesaverageearnings.
The Treasuryestimatesthat afamilyonaverageearningswill be £370betteroff nextyear.
Inflation waslowerthanexpectedinrecentmonths, andaverageearningsfiguresshowedearningssteadiedat 3.25%.