Pay pressure continues to build in low-paying sectors of the economy

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Jobs, Skills and Pay

Nominal pay growth rose to 3.3 per cent – with growth strongest in hospitality, real estate and ICT – and employment returned to a joint record high of 75.7 per cent as Britain’s labour market continued to shrug off wider uncertainty about the economy this Autumn, the Resolution Foundation said today (Tuesday) in response to … Continued

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An improved technical education system has a key role to play in meeting Britain’s productivity challenge

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Jobs, Skills and Pay

An improved technical education system has a key role in meeting Britain’s productivity challenge Commenting on the speech today (Thursday) by Secretary of State for Education Damian Hinds setting out his plans to reform Britain’s technical education system, David Willetts, Executive Chair at the Resolution Foundation, said: “The Education Secretary is right to highlight the … Continued

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Young people with property-owning parents are now almost three times as likely to have homes of their own

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Housing, Wealth and Debt

Young people whose parents have property wealth are now almost three times as likely to be homeowners by the age of 30, compared to those whose parents have no property wealth, according to a new report published today (Tuesday) by the Resolution Foundation. With the ‘Bank of Mum and Dad’ now considered to be a … Continued

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Tougher, targeted enforcement is needed to tackle bad practice in agency worker hotspots across Britain

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Jobs, Skills and Pay

Government should close equal pay loophole to help tackle £400 agency worker pay penalty New task-forces are needed in agency worker hotspots such as Barking and Dagenham, Leicester, Sandwell and North East Lincolnshire to target poor practice and shore up the positive aspects of agency employment, the Resolution Foundation says today (Saturday) in the final … Continued

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Inflationary pressures look set to ease for families

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Press release from the Resolution Foundation Inflation (CPIH) remained at 2.4 per cent in October, but the underlying trends suggest that price pressures could ease in the coming months, the Resolution Foundation said today (Wednesday) in response to the latest figures. Over the past 20 months, persistently high inflation has eaten into real wages, and … Continued

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