How to get family incomes growing again

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Jobs, Skills and Pay

  Lots of things matter for family incomes – but for British households as a whole nothing matters as much as the labour market. Questions of who has a job and what they get paid for doing it might not be the only determinant of our living standards – but they are certainly the first. … Continued

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Three tips on how to get a pay rise

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Jobs, Skills and Pay

How do you get a pay rise? This is a question most of us would like to know the answer to. Especially seeing as, following the financial crisis, we’ve experienced the worst squeeze on wages in over a hundred years. Typical weekly earnings are £15 lower than they were in 2009, and by 2020 we … Continued

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The story of recent apprenticeship reforms so far: a fall in quantity, but an increase in quality

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Jobs, Skills and Pay

Before long the apprenticeship levy – the focus of much of the debate around post-16 education – will be a year old. Yet there’s more to the apprenticeships story than the levy. Since last April, all apprentices are required to spend at least 20 per cent of their time on off-the-job training and they must … Continued

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Is wage pressure building?

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Jobs, Skills and Pay

To what extent is wage growth picking up? This is an important question, not just for people’s pay packets but also for monetary policy makers in the Bank of England who are weighing up when to raise interest rates further. While nominal pay growth has been rising recently (up to 2.6 per cent in year … Continued

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Not quite pay growth party-time yet

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Jobs, Skills and Pay

Today the ONS published the latest pay growth figures covering the year to January. These, along with yesterday’s inflation data, suggest that the squeeze which has dragged down real pay for twelve months is finally over. However, at the risk of sounding Eeyore-ish, pay growth is likely to remain subdued for the rest of the … Continued

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