Highest number of days lost to strikes in ten years – but set to continue rising as public sector real wages fall

Recent industrial action has led to the highest number of days lost to strikes in October 2022 since November 2011, and this is set to rise in the coming months as labour disputes over falling real wages continue, the Resolution Foundation said today (Tuesday) in response to the ONS labour market statistics. The largest strike action … Continued

Short courses in social care and ‘green jobs’ likely to help workers move out of coronavirus-hit sectors, though UK ill-prepared to deliver large-scale retraining programmes

The UK’s inexperience in supporting workers through career changes does not leave policy makers with a clear roadmap for tackling unemployment, although short, specific training as part of job creation schemes could help those in hardest-hit sectors, the Resolution Foundation said today (Tuesday) in new analysis on the state of training and adult education in … Continued

Record UK employment driven by households trying to combat unprecedented income squeeze

Britain’s record employment is the result of its post-crisis income squeeze, and means we’re working an extra 65 million hours a week, according to a new report published today (Tuesday) by the Resolution Foundation. The report, Feel poor, work more, argues that Britain’s record employment level is one of the biggest economic stories of the … Continued

Labour market
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Pay
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Economy and public finances
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Political parties and elections

Resolution Foundation welcomes Chancellor’s hugely ambitious plan to eliminate low pay

RF says a measured approach is needed to reach this milestone over five years

The Chancellor’s plan to eliminate low pay over the next five years – by raising the National Living Wage (NLW) to reach two-thirds of typical hourly pay – is hugely ambitious and will need to be implemented carefully, the Resolution Foundation said today (Monday) in response to the Chancellor’s speech to the Conservative Party conference. … Continued

Post-referendum rise in business uncertainty casts shadow over strong jobs boost in run up to vote

  The UK enjoyed a welcome pre-referendum vote jobs boost, though reports of rising business uncertainty post-vote will be a major challenge over the next year, the Resolution Foundation said today (Wednesday) in response to the latest labour market statistics and the Bank of England Agents’ summary of business conditions. The UK employment rate reached … Continued

Millennials facing ‘generational pay penalty’ as their earnings fall £8,000 behind during their 20s

Fresh evidence of the growing intergenerational inequality that new Prime Minister has warned of Britain’s longstanding promise of ‘generational pay progress’ could turn into a ‘pay penalty’ for millennials, who are at risk of being the first generation to earn less than their predecessors over the course of their working lives, the Resolution Foundation says … Continued

Chronic lack of clear career routes for non-graduate workers stranding many in low pay

Upcoming Apprenticeship Levy and Skills White Paper offer once-in-a-generation chance to help ‘forgotten 40 per cent’ Poor career routes are holding back the ‘forgotten forty per cent’ of the workforce – mid-skilled workers with at least five A*-C GCSEs but without a university education. This is according to a new report published today (Wednesday) by … Continued

Step up in HMRC enforcement needed to stop employers dodging the National Living Wage

  Welcoming the National Audit Office (NAO) report published today (Wednesday) into non-compliance with the National Minimum Wage, Laura Gardiner Senior Policy Analyst at the Resolution Foundation said: “Two million people now earn the legal minimum following the introduction of the National Living Wage. It’s hugely concerning that we don’t know how many people are … Continued

Employment at record levels but growth has stalled

Fresh impetus needed to make further progress towards full employment The UK employment rate remains at a record high but has plateaued in the last five months, the Resolution Foundation said today in response to the latest ONS labour market statistics. The headline employment rate stayed at 74.1 per cent in the three months to … Continued

Over five million more hours needed to tackle under-employment of current workers and bring more people into work

  Tackling under-employment holds the key to getting more people into work as it will free up part-time roles for new entrants, according to new analysis published ahead of a major Resolution Foundation investigation into securing full employment published later this week. The analysis will say that securing full employment – now a key government … Continued

Productivity boost key to success of National Living Wage

Lack of knowledge of how to improve productivity may be a challenge, particularly among smaller firms The need to boost productivity in low-paying sectors and among small employers will be reinforced by the introduction of the new National Living Wage (NLW) in April, though there are huge uncertainties over how businesses can achieve this. This … Continued

Welcome jobs boost but pay growth looks set to remain subdued

Employment growth continues to impress but a slowdown in productivity suggests that pay growth is set to remain subdued, the Resolution Foundation said today (Wednesday) in response to the latest ONS labour market statistics. The employment rate reached another record high of 74.1 per cent, driven by increases in both full-time employee jobs and self-employment. … Continued

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