The average worker in Sheffield Hallam has seen their wage drop by more than £7,000 a year, it has been claimed.
Analysis of Government figures, published by Labour, said income in Deputy PM Nick Clegg’s constituency had fallen by 20 per cent since the Coalition was formed in 2010.
The party said the average weekly wage of a Sheffield Hallam resident was £725 in 2010, but was now £584, and there had been a ‘massive fall’ in living standards.
Oliver Coppard, Labour’s parliamentary candidate for Sheffield Hallam, said it showed Nick Clegg ‘wasn’t standing up for Sheffield’.
He added: “These figures lay bare the extent to which the cost of living crisis Nick Clegg’s government is presiding over has hurt constituents here in Sheffield Hallam.
“People here have been working harder than ever to earn a living but every month that’s become more and more difficult as prices have continued to grow faster than wages.”
Figures show in real terms annual pay had fallen in all Sheffield constituencies, although the most significant was in Sheffield Hallam.
A spokesman for Nick Clegg said 21,000 more people in Sheffield had a job since 2010 and the city also had the highest number of young people in apprenticeships.
Income tax was being cut, council tax frozen and tax free childcare would save families £2,000 per child a year.
He added: “The reason household budgets have been squeezed is because the last Labour Government borrowed and borrowed and nearly bankrupted Britain.
“Mr Coppard should know this more than anyone because his previous job was advising the very same Labour MPs who crashed our economy. However, instead of apologising Labour want to borrow even more, putting everyone at risk all over again.
“It’s clear they can’t be trusted with the economy.
“We still have some way to go, but we are moving in the right direction.”