Analysis and action on living standards
The impacts of the Government’s coronavirus income support schemes across the age distribution
This is our regular Macro Policy Outlook, providing a policy-focused take on the economy. In this edition, we focus on the labour market, and the prospects for unemployment.
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.
Having weathered the first wave of the coronavirus economic storm, country must now focus on how to reopen, revive, and rebuild our economy while the virus remains with us. Here's how the Government should do this.
The coronavirus crisis has had a severe impact on the country’s health, but also its economy and the labour market with it. Policy makers should act now to minimise outflows from the hard-hit sectors and pursue radical action to create jobs across the country.
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:
Read our latest reports on education leavers during the crisis, lockdown living conditions, negative equity risks and income support schemes ahead of our annual Intergenerational Audit this October.
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Want to find out how much pay has grown since the financial crisis? Or which generation had it best when it comes to housing costs? We make some of our living standards datasets available online for the public to explore.
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