Consumption crunch – young people today are spending less than they did at turn of the century

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Intergenerational Centre

Consumption crunch – young people today are spending less than they did at turn of the century   Young people today are spending 7 per cent less on non-housing items than they were back in 2001, according to the Resolution Foundation’s inaugural Intergenerational audit, published today (Thursday). The audit, supported by the Nuffield Foundation, is … Continued

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Additional property wealth across Britain is up more than 50 per cent this century to almost £1 trillion

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Intergenerational Centre

Over one in ten people across Britain own second homes, buy-to-let and overseas properties worth £941bn, according to new research published today (Saturday) by the Resolution Foundation. Game of Homes – a report funded by the Nuffield Foundation – looks at the growth of additional property wealth over the last two decades, who owns it, and … Continued

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Real wage growth solid as record employment is maintained

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Jobs, Skills and Pay

Britain’s labour market has settled down – with employment remaining at a record high and real wages growing at a solid but unspectacular rate, the Resolution Foundation said today (Tuesday) in response to the labour market statistics. The Foundation notes that pay growth, employment and unemployment have all remained stable in recent months, with unemployment … Continued

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High rents and fewer employment black spots are making millennials less job mobile

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Housing, Wealth and Debt, Intergenerational Centre

Higher rents are reducing the financial gains from moving to better paying parts of the country, and mean that young people are less mobile than they were 20 years ago, according to new research published today (Thursday) by the Resolution Foundation. Moving Matters – a report funded by the Nuffield Foundation – shows that the common … Continued

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Number of low-paid workers fell by 200,000 last year

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Jobs, Skills and Pay

The proportion of low-paid workers across Britain has fallen to its lowest level since 1980, and low pay could be eliminated altogether by the middle of the 2020s, according to the Resolution Foundation’s latest annual Low Pay Britain report. Low Bay Britain 2019 examines the extent of low pay across the economy (defined as two-thirds … Continued

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Pensioner poverty rates have fallen by two-thirds since 1980s peak

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Intergenerational Centre

Pensioner poverty rates for those entering retirement today are down by two-thirds compared to previous generations in the 1980s peak, though children born today are facing record poverty rates, according to a new report published today (Wednesday) by the Resolution Foundation. The Generation of Poverty – a report funded by the Nuffield Foundation – examines … Continued

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