Sharp fall in migration from Eastern Europe means many firms will face a very different post-Brexit labour market

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  The sharp fall in net migration since the referendum shows that businesses relying on migrant workers should prepare for a very different labour market, the Resolution Foundation said in response to the latest net migration figures published today (Thursday). The latest figures show that the 84,000 fall in migration was led by a rising number … Continued

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Gap between rich and poor areas is rising post crisis, even while gap between rich and poor households has fallen

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The gap between rich and poor areas is rising, despite the gap between rich and poor households having fallen since the financial crisis. This is according to Resolution Foundation analysis of ONS Regional Gross Household Disposable Income (GHDI) figures published this morning. The Resolution Foundation analysis shows that the ratio between the richest and poorest … Continued

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Home ownership for young families has halved in West Yorkshire, Greater Manchester and Outer London since the 1990s

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Housing

Getting on the housing ladder is a thing of the past for many young families across the country, with home ownership halving among this group between 1994 and 2016 in areas such as West Yorkshire, Greater Manchester and Outer London, new analysis by the Resolution Foundation has found. The new research counters the popular perception … Continued

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Pay squeeze returns amidst renewed jobs boom  

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Wages & Income

  Britain kicked off 2017 with a renewed jobs boom and a painful pay squeeze, the Resolution Foundation said today in response to the latest labour market figures. Employment reached an all-time high of 74.8 per cent in the three months to March, while unemployment fell to the lowest level since 1975. In contrast, real … Continued

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Sharp inflation rise deepens Britain’s pay squeeze

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Wages & Income

  Britain’s pay squeeze is on course to deepen in April as a result of a sharp increase in inflation, the Resolution Foundation said in response to the latest inflation figures today. The Resolution Foundation’s latest pay projection following today’s inflation figures indicates that real pay looks to have fallen by between -0.3% and -0.6% … Continued

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