A Polarising Crisis? The changing shape of the UK and US labour markets from 2008 to 2012

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Jobs, Skills and Pay

The polarisation of the UK labour market intensified during the great recession and its aftermath as low- and high-skilled jobs expanded while middle-skilled jobs fell as a share of employment. This report, produced in collaboration with the London School of Economics, lends credence to concerns that the long downturn may have pushed the UK towards … Continued

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Narrowed Horizons: The fiscal choices at Spending Review 2013 and beyond

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Public Finances and the Economy

The government’s plans for deficit reduction have increasingly stark implications for public spending as their deadline draws nearer. While overall expenditure is set to remain relatively flat in 2015-16 (the period covered by the latest Spending Review) the pace of reduction in total government spending is due to increase significantly in the two subsequent years.

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Sizing the UK ‘Jobs Gap’

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Jobs, Skills and Pay

The UK is more than 800,000 jobs short of the amount it would need to restore employment rates to those seen before the recession, a study from independent think tank the Resolution Foundation has found. While the number of people in employment had climbed by 160,000 since 2008 to nearly 30 million, this positive news … Continued

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Squeezed Britain 2013

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Incomes and Inequality

We now know that the squeeze on living standards will be longer and deeper than projected this time last year. Average wages are not expected to rise in real terms until late 2014 after a period of stagnation and decline. Despite stronger than expected job growth in the private sector, many people continue to work … Continued

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The squeezed middle: The pressure on ordinary workers in America and Britain

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Incomes and Inequality

As wages stagnate but living costs keep rising, the pressure on working people grows more intense. The issue of living standards has become one of the most urgent challenges for politicians in both Britain and America. ‘The squeezed middle’ brings together experts from both sides of the Atlantic to ask what the UK can learn … Continued

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