Boosting benefit take-up is critical to the success of Universal Credit, but we might not be able to measure whether it’s working

by

Benefit take-up rates matter. A lot. If households aren’t actually receiving the benefits that government policy entitles them to, their incomes will be lower and the social safety net will not work as intended. The government’s own estimates of benefits take-up suggest that billions of pounds worth of benefits probably go unclaimed each year. Take-up … Continued

Women are leading the charge of Britain’s impressive employment record

by

Another set of labour market statistics, another round of mixed news. On pay, it’s the all-too-familiar problem of sluggish wage pay growth, with average weekly earnings still £15 below their pre-financial crisis peak (in real terms). On jobs, it’s another familiar tale, but a much more positive one – alongside overall record employment rates, the … Continued

Britain’s labour market – the good (jobs), the bad (pay) and the ugly (productivity)

by

This month’s labour market statistics gave us a classic mixed bag of results, with reasons to be cheerful on jobs, confused on pay, and downright depressed when it comes to Britain’s productivity record. Let’s start with the good news on jobs. Employment has hit another new high, with recent growth driven by full-time work – … Continued

The national living wage has caused the biggest fall in low pay in 40 years – but how is this improving people’s living standards?

by

Employment is at a 40-year high, while pay is stagnating. That, in brief, sums up the last few years of changes in Britain’s labour market. As Figure 1 shows, politicians rightly highlight that employment and unemployment are undeniably trending in the right direction. But the good news on employment has failed drastically to translate into … Continued

Loading
No more posts found