Typical earnings of the self-employed lower than 20 years ago

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Wages & Income

  The dramatic shift in self-employment over the last two decades – including the decline in full-time work and the falling share of self-employed business owners who have staff of their own – has been a critical factor in a 20-year stagnation in typical earnings, according to a new report published today (Tuesday) by the … Continued

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Universal Credit red tape cull needed to help parents and the self-employed

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Welfare & Tax Reform

Making Universal Credit (UC) easier to use could boost employment and prevent the risk of penalising families whose earnings and outgoings don’t fit into a neat monthly pattern, according to a new report published today (Monday) by the Resolution Foundation. The think-tank’s nine-month review of Universal Credit considers how the once-in-a-generation welfare reform is equipped … Continued

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Share of self-employed workers saving into a pension has fallen by almost two-thirds in last decade

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Welfare & Tax Reform

Two in five of those without staff say they can’t afford to save for their retirement The proportion of self-employed workers saving into a personal pension scheme has fallen by 65 per cent in the last decade, according to a new report published today (Tuesday) by the Resolution Foundation. The report on the retirement incomes … Continued

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Self-employed see a plunge in earnings even as their numbers surge

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Work & Security

The typical self-employed worker earns 40 per cent less than the typical employee reveals a new report which provides the most in-depth picture yet of the UK’s growing self-employed workforce and how it is changing. The study by independent think tank the Resolution Foundation shows a dramatic fall in the weekly earnings of the self-employed … Continued

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450,000 newly self-employed would rather be employees

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Work & Security

Reluctant recruits make up a quarter of those becoming self-employed since the recession but clear majority still prefer being their own boss  A quarter of those who started out as self-employed in the last five years would prefer to be employees, suggests new research from independent think tank the Resolution Foundation, conducted by Ipsos MORI. … Continued

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