Real wage growth finally returns to pre-referendum levels

Published on

Jobs, Skills and Pay

Real wage growth has finally returned to pre-referendum levels, though the post-referendum pay slump has left average workers £12 a week worse off, the Resolution Foundation said today (Tuesday) in response to the latest labour market figures. Though nominal wage growth fell slightly to 3.4 per cent in the three months to February, easing inflation … Continued

READ MORE

40 years on from its introduction, future of child benefit in doubt as its value falls to record low

Published on by

Child Benefit – Britain’s most widespread benefit for working age families with around seven million families in receipt of it – turns 40 today. But it may not reach 60, according to new Resolution Foundation analysis published today (Tuesday). The analysis, CB40, notes that Child Benefit (CB) was introduced on 2 April 1979. Unlike its … Continued

READ MORE

Two million workers will benefit from National Living Wage rise on Monday as the minimum wage turns 20

Published on

Jobs, Skills and Pay

Two million workers will benefit when the National Living Wage rises to £8.21 on Monday (1 April), a date that will also mark the 20th anniversary of the minimum wage, according to the Resolution Foundation’s latest Earnings Outlook published today (Saturday). The analysis shows that the latest rise in the National Living Wage (NLW) – … Continued

READ MORE

Incomes stagnated and poverty rose last year

Published on

Typical household incomes stagnated last year (2017-18), as child poverty continued to rise, the Resolution Foundation said today in response to the latest Households Below Average Income (HBAI) statistics, published earlier today (Thursday). The latest figures show that the number of children living in absolute poverty increased by 200,000 last year. Relative child poverty also … Continued

READ MORE

Child poverty across Scotland on course to reach a 20-year high

Published on

Incomes and Inequality

The Scottish government risks missing its child poverty targets by some distance as poverty levels are set to rise rather than fall over the next five years, according to new analysis published today (Friday) by the Resolution Foundation. The analysis shows that, following large falls in the 2000s, relative child poverty has been rising since … Continued

READ MORE

2019 starts with an employment surge as firms hire rather than invest

Published on

Jobs, Skills and Pay

Britain’s job market broke new ground, with employment increasing by a huge 222,000 and hitting 76.1 per cent for the first time since World War Two, the Resolution Foundation said in response to the latest ONS labour market figures today (Tuesday). The Foundation says the latest data shows that while business investment and growth stagnated … Continued

READ MORE