average earnings
noun [ plural ]
ECONOMICS, HR ukus(also average income [ C or U ])the average amount of money that workers earn in a particular industry, area, or economy during a particular period of time:
Labour market data showed a fall in annual average earnings from 2.9% to 1.9% .
In the 15-year period, the gap between the average earnings of public employees and those of the private sector grew by 16%.
growth/increase/rise in average earnings Annual growth in average earnings was unchanged at 3.75% in July.
three/five/ten, etc. times average earnings Two years ago, the price of the average house was three times average earnings.
The Treasury estimates that a family on average earnings will be £370 better off next year.
Inflation was lower than expected in recent months, and average earnings figures showed earnings steadied at 3.25%.