Comment Question Time’s £80K man was wrong about the top 5%. But the super-rich are on another planet Those in his earning bracket have far more in common with workers on average pay than they do with the 1% 28 November 2019 by Torsten Bell f you live in Bolton and earn more than £80,000, you’re rich compared with your neighbours. Really rich. The average pay for all workers is just £22,000 and one in… Continue Reading
Publications Ain’t no minimum high enough Minimum wage policy in the 2019 General Election 18 November 2019 by Nye Cominetti Summary Minimum wage increases since 2015 delivered a £3bn pay boost to low-paid workers last year – highlighting the benefits of cross-party consensus over a more ambitious wage floor. Both… Continue Reading
Comment Feel poor, work more – the real reason behind Britain’s record employment 13 November 2019 by Torsten Bell Why are three million more of us working today than were back in 2008? How has our employment rate reached 76 per cent, when full employment before the crisis meant… Continue Reading
Publications Feel poor, work more Explaining the UK’s record employment 12 November 2019 by Torsten Bell and Laura Gardiner There is no bigger change to our economy over the past decade than the employment boom. We argue that this has been driven by the deep post-crisis income squeeze. This… Continue Reading
Comment Never had it so good? Almost back to peak pay 7 November 2019 by Nye Cominetti The last time pay peaked was in August 2007. Average weekly pay was £513, measured in 2019 prices. Over a decade later, pay is finally set to go higher. In… Continue Reading
Publications The Resolution Foundation Earnings Outlook Q2 2019 by Nye Cominetti and Jack Leslie In our Earnings Outlook for 2019 Q2 we suggest that the UK’s 12 year long pay squeeze may be about to come to an end, just in time for the… Continue Reading
Comment The evidence backing a higher minimum wage is growing 4 November 2019 by Nye Cominetti You wait for a minimum wage report and then three come along at once. This morning the Treasury published Arin Dube’s keenly awaited review of minimum wage policy in the… Continue Reading
Comment A good year for pay? Five things we learned from the Annual Survey of Hours and Earnings 2019 29 October 2019 by Nye Cominetti This morning the ONS published the Annual Survey of Hours and Earnings (ASHE) for 2019 – the most detailed data on employee pay available, telling us about high and low… Continue Reading
