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Analysis and action on living standards
Our Living Standards Audit, updated for 2018, estimates how household incomes have performed over the last year, and examines under-reporting of benefit incomes in official survey data,
This report contains the Commission’s conclusions, drawing on a deep and wide-ranging examination of the experiences and prospects of different generations in Britain.
This year’s report – the eighth edition of Low Pay Britain – documents the headline trends shaping the low-paid end of the labour market today and highlights the new challenges policymakers should be addressing.
A look beyond the headline data on the forces behind current developments in pay, how the fruits are shared, and the short- and longer-term drivers of earnings growth.
New regional GVA figures out by the @ONS today. Although these only run to 2017 they provide the latest picture of how growth has been shared (or not) across the country. Winners in 2017 were London, East, NW and Northern Ireland. Slow growing areas SW, Y&H and the SE.
Good tidings before Christmas from the UK labour market. Real pay growth has increased to 1 per cent, the highest growth rate since Dec 16. Strengthening real pay growth has been driven by higher nominal growth (3.3% - highest since Dec 08) and slightly lower inflation (2.2%).
After 5yr post-crisis squeeze, it appeared that relatively steady productivity growth had returned (albeit at a lower rate than we were used to pre-crisis). But things have stalled again over the last 3 months. Must hope that growth pick ups again once we have some Brexit clarity Retweeted by ResolutionFoundation
