Welcome news on jobs isn’t filtering through into pay packets

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Wages & Income

  The UK jobs market continues to perform strongly but it is failing to filter through into wages as the pay squeeze continues, the Resolution Foundation said today in response to the latest labour market figures. Employment hit a new record high in the three months to July, while unemployment and economic inactivity reached fresh … Continued

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Rising prices are bearing down most heavily on lower income families

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Wages & Income

  The rising cost of food and clothing means that inflation is increasing fastest for the poorest households, the Resolution Foundation said today in response to the latest inflation figures. The Foundation notes that the rising cost of food and clothing – which was falling this time last year ­– is now the biggest driver … Continued

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Welcome inflation fall but poorest households are experiencing the biggest price pressures

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Wages & Income

  Welcome inflation fall but poorest households are experiencing the biggest price pressures The poorest households have experienced higher inflation than the richest households since the start of the year, the Resolution Foundation said today (Tuesday) in response to the latest inflation figures, which saw CPIH fall to 2.6 per cent in June. New Resolution … Continued

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Income growth halved in the run up to the 2017 General Election

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Wages & Income

  Britain beset by big divides on housing, age and inequality The mini living standards boom between 2013 and 2015 came to an abrupt halt in the year running up to the recent General Election, with income growth halving to just 0.7 per cent, according to a major new report published today (Saturday) by the … Continued

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Minimum wage protection should be extended to the self-employed in the gig economy and other sectors

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Wages & Income

RF proposal would protect the self-employed who do not set their own prices from extreme low pay The government should extend minimum wage legislation to protect some of the UK’s 4.8 million self-employed workforce as part of its drive to tackle low pay and insecurity in the modern workforce, according to a new report published today … Continued

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