Analysis and action on living standards
Explaining the UK’s record employment
Fiscal rules matter. They play a vital role in shaping a new government’s tax and spending plans and give a big picture sense of a party’s approach to economic policy. In this analysis we explore both main parties' new fiscal rules and what it mean for tax and spend in the next parliament.
The Resolution Foundation is an independent think-tank focused on improving living standards for those on low to middle incomes. We work across a wide range of economic and social policy, combining our core purpose with a commitment to analytical rigour.
Housing has risen up the public and political priority list in recent decades. In this report we offer five policy approaches that, if implemented, would help address the deep seated issues that lie at the core of the public’s housing concerns.
We’re starting to see signs that the slowing economy may now be feeding through to the labour market. Even as GDP growth has faltered in recent months, and with Brexit uncertainty ramped up and productivity stagnant, the labour market had remained strong. The employment rate had reached a record high, with pay growth improving.
The Resolution Foundation calculates the real Living Wage – a voluntary hourly pay rate that is based on what families need to get by. The current national rate is:
There are record numbers of people in work in the UK. So, what jobs do we do in Britain, how have they changed in recent years, and what might be on workers’ minds when they head out to vote?
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