Economy 2030 Low Pay Britain 2022 Low pay and insecurity in the UK labour market 25 May 2022 by Nye Cominetti and Rui Costa and Felicia Odamtten This edition of Low Pay Britain is our twelfth annual report taking stock of the state of low pay. Recent editions have focused on the short-term impacts of the Covid-19 crisis on low paid workers. Those have largely receded, and so here we take a longer view, and look at how low paid work has … Continued READ MORE
Labour Market Outlook· Labour market· Pay Labour Market Outlook Q1 2022 How should we interpret strong nominal earnings growth? 9 April 2022 by Nye Cominetti and Karl Handscomb and Hannah Slaughter and Greg Thwaites In the first months of 2022, the labour market continued to tighten, with no sign of weakening in the aftermath of the JRS. Unemployment has fallen further, and stood at an almost-record low of 3.9 per cent in the three months to January 2022 – and although the Bank of England is concerned about unemployment … Continued READ MORE
Economy 2030 Changing jobs? Change in the UK labour market and the role of worker mobility 6 January 2022 by Nye Cominetti and Rui Costa and Andrew Eyles and Tzvetan Moev and Guglielmo Ventura This report is about the nature and speed of change in the UK’s labour market, about how past periods of rapid change have happened, and about workers’ experiences as they have lived through these changes. It is written with an eye to the upheaval we expect to see in the coming decade as the effects … Continued READ MORE
Pay· Living Wage Calculating the Real Living Wage for London and the rest of the UK: 2021 15 November 2021 by Nye Cominetti This report sets out the method through which the Living Wage rates in London and the rest of the UK are calculated by the Resolution Foundation and overseen by the Living Wage Commission on behalf of the Living Wage Foundation. The rate for the UK Living Wage for 2020-21 is £9.90. The rate for the … Continued READ MORE
Budgets & fiscal events· Economy and public finances The Boris Budget Resolution Foundation analysis of Autumn Budget and Spending Review 2021 28 October 2021 by Torsten Bell and Mike Brewer and Nye Cominetti and Karl Handscomb and Kathleen Henehan and Lindsay Judge and Jack Leslie and Jonathan Marshall and Krishan Shah and James Smith and Daniel Tomlinson and Lalitha Try This briefing note provides an assessment of the measures announced in the October 2021 Budget and Spending Review. The Chancellor has unveiled a career-defining third Budget against a backdrop of heightened uncertainty and risks. His aim: to draw a line under Covid-19, boost spending in the key priority areas yet also bear down on the … Continued READ MORE
Intergenerational Centre An intergenerational audit for the UK 2021 21 October 2021 by Kathleen Henehan and Maja Gustafsson and Nye Cominetti and Karl Handscomb and Lindsay Judge and Jack Leslie and Lalitha Try Our third Intergenerational Audit – supported by the Nuffield Foundation – provides an analysis of economic living standards across generations in Britain. In so doing, it analyses the latest data across four domains: Jobs, skills and pay Housing costs and security Taxes, benefits and household incomes Wealth and assets In each of these domains, we … Continued READ MORE
Budgets & fiscal events· Public spending· Economy and public finances Nationally Insured? New taxes and new spending to address key Department for Health and Social Care priorities 8 September 2021 by Torsten Bell and Mike Brewer and Nye Cominetti and Lindsay Judge and Krishan Shah and Daniel Tomlinson and Lalitha Try This note assesses the announcements made by the Government on the suspension of the Triple Lock, National Insurance rises, health and social care funding, and public spending totals for the rest of this Parliament made on 7 September 2021. READ MORE
Jobs· Labour market Football went to Rome, holidays came home The impact of ‘staycations’ on the UK’s labour market 29 July 2021 by Nye Cominetti As with last year, many holiday makers will be spending this summer in the UK. So in this Spotlight we look at the implications of another year of ‘staycations’ for the UK’s labour market. The tourism industry has been hit hard by the Covid-19 crisis For much of the past 18 months there have been … Continued READ MORE
Ventures· Low pay· Pay Workertech and low pay An overview of research on low-paid workers in the UK 19 July 2021 by Nye Cominetti and Louise Marston and Lalitha Try This paper summarises Resolution Foundation research on low-paid workers and their experiences of work and the labour market. These are the workers that we are trying to reach with Resolution Ventures and the Workertech Partnership. READ MORE
Low pay· Pay Low Pay Britain 2021 7 June 2021 by Nye Cominetti and Charlie McCurdy and Hannah Slaughter This year’s Low Pay Britain report looks at the impact of the Covid-19 crisis on those on low pay and what that might mean for such workers as the economy starts to recover. Workers in lower paid jobs have faced greater health and economic risks than high paid workers; central to whether this is a … Continued READ MORE
Coronavirus· Intergenerational Centre A U-shaped crisis The impact of the Covid-19 crisis on older workers 26 April 2021 by Nye Cominetti It is well established that the Covid-19 crisis has generated substantially large employment affects for young people in the UK. However, older workers have also been severely affected, more so than middle-career workers, even if not as badly as the young. This briefing note examines the impact of the crisis on older workers, assesses the … Continued READ MORE
Budgets & fiscal events· Economy and public finances Spending fast, taxing slow Resolution Foundation analysis of Budget 2021 4 March 2021 by Torsten Bell and Mike Brewer and Nye Cominetti and Karl Handscomb and Kathleen Henehan and Lindsay Judge and Jack Leslie and Charlie McCurdy and Cara Pacitti and Hannah Slaughter and James Smith and Greg Thwaites and Daniel Tomlinson This briefing note provides an assessment of the measures announced in the March 2021 Budget. The context for this Budget was an intensification of the Covid-19 pandemic, creating a need for further policy measures to support families and firms in the months before the completion of the vaccine rollout. In response, the Chancellor announced significant … Continued READ MORE
Coronavirus· Jobs· Labour market Long Covid in the labour market The impact on the labour market of Covid-19 a year into the crisis, and how to secure a strong recovery 17 February 2021 by Nye Cominetti and Kathleen Henehan and Hannah Slaughter and Greg Thwaites This is the third time we have written a report taking stock of the impact of the virus on the labour market. Nine months on from our first report in June last year, some things are similar. The health effects of the second wave may be starting to recede, and thoughts are again turning to … Continued READ MORE
Coronavirus· Firms· Economic growth On firm ground? The impact of Covid-19 on firms and what policy makers should do in response 10 February 2021 by Nye Cominetti and Jack Leslie and James Smith The coronavirus crisis has had huge repercussions across the economy, and the corporate sector is no exception. This paper analyses how the crisis has affected firms’ finances, puts that in context compared to previous recessions, and assesses the ability of firms to contribute to the post-crisis recovery. This is important because firms’ investment and hiring … Continued READ MORE
Jobs· Labour market· Job quality and security Ethnic minorities in the hospitality sector Comparing the experiences of hospitality workers from different ethnic backgrounds 30 December 2020 by Sharon Mai and Nye Cominetti This briefing note looks at the experiences in the hospitality sector of workers from different ethnic backgrounds. It finds that 1 in 6 hospitality workers are from an ethnic minority background, compared to around 1 in 8 workers in the rest of the economy. Ethnic minority workers in hospitality vary both in their characteristics and … Continued READ MORE
Economic growth· Macroeconomic policy Macroeconomic Policy Outlook Q4 2020 28 December 2020 by James Smith and Torsten Bell and Karl Handscomb and Jack Leslie and Cara Pacitti and Nye Cominetti This is our regular Macro Policy Outlook, providing a policy-focused take on the economy. In this edition, we focus on the labour market, and the prospects for unemployment. This edition of the Macro Policy Outlook looks ahead to prospects for 2021. The early months of next year will pick up where 2020 left off, … Continued READ MORE
Coronavirus· Budgets & fiscal events· Public spending· Economy and public finances Here today, gone tomorrow Putting Spending Review 2020 into context 26 November 2020 by Torsten Bell and Nye Cominetti and Karl Handscomb and Jack Leslie and Cara Pacitti and Hannah Slaughter and James Smith and Daniel Tomlinson This briefing note provides an assessment of the measures announced in the November 2020 Spending Review. The backdrop to that Review was the reality of an on-going health crisis and a huge hit to the economy which looks set to leave lasting damage to both household and public finances. In response, the Chancellor has ramped up coronavirus spending this … Continued READ MORE
Pay· Living Wage Calculating the Real Living Wage for London and the Rest of the UK 2020-21 9 November 2020 by Nye Cominetti This report sets out the method through which the Living Wage rates in London and the rest of the UK are calculated by the Resolution Foundation and overseen by the Living Wage Commission on behalf of the Living Wage Foundation. The rate for the UK Living Wage for 2020-21 is £9.50. The rate for the … Continued READ MORE
Labour Market Outlook· Living Wage Earnings Outlook Q2 2020 Back in lockdown 8 November 2020 by Nye Cominetti As England enters its second lockdown the outlook for the labour market is as uncertain as at any point during the crisis (Wales and Northern Ireland are already in a second period of lockdown or tough restrictions, and restrictions in Scotland were increased a week ago). The story of recent weeks has been an accelerating … Continued READ MORE
Coronavirus· Jobs· Job quality and security Jobs, jobs, jobs Evaluating the effects of the current economic crisis on the UK labour market 27 October 2020 by Mike Brewer and Nye Cominetti and Kathleen Henehan and Charlie McCurdy and Rukmen Sehmi and Hannah Slaughter This report highlights which groups of workers have struggled the most as the coronavirus crisis has evolved, who is at risk as the Coronavirus Job Retention Scheme is replaced by the Job Support Scheme, and the prospects for the future. READ MORE
Coronavirus· Low pay· Minimum wage Low Pay Britain 2020 23 September 2020 by Nye Cominetti and Hannah Slaughter This is our tenth annual Low Pay Britain report. Naturally, the focus of the report this year is on the coronavirus crisis: its impact on the low paid, and what this means for minimum wage policy. The low paid have already suffered the worst of the economic effects of this crisis; they are more likely … Continued READ MORE
Coronavirus· Jobs· Labour Market Outlook· Pay Earnings Outlook Q1 2020 What we know about how employee earnings have fared in the current crisis 16 July 2020 by Nye Cominetti and Laura Gardiner Since we last produced an Earnings Outlook (at the end of March) some things have become clearer. The scale of the impact of the current crisis is as big as was feared. This was already apparent then from the soaring claims for Universal Credit, but has since been confirmed by the 300-year-record fall in GDP, … Continued READ MORE
Coronavirus· Labour market The Full Monty Facing up to the challenge of the coronavirus labour market crisis 29 June 2020 by Nye Cominetti and Laura Gardiner and Hannah Slaughter The coronavirus crisis has had a severe impact on the country’s health, but also its economy and the labour market with it. With activity across parts of the economy heavily restricted, the Job Retention Scheme saved millions of jobs, firms and incomes. But as the country moves from lockdown into a new, reopening phase of … Continued READ MORE
Coronavirus· Low pay A new settlement for the low paid Beyond the minimum wage to dignity and respect 3 June 2020 by Torsten Bell and Nye Cominetti and Hannah Slaughter This crisis is shared, but its burden is not. From health risks to job losses, it is the UK’s 4.2 million low-paid workers on whom this pandemic has imposed the greatest cost, and of whom the efforts to combat it have required the greatest sacrifice. Lower earners are three times as likely to have lost … Continued READ MORE
Coronavirus· Jobs· Job quality and security· Low pay· Pay What happens after the clapping finishes? The pay, terms and conditions we choose for our care workers 19 April 2020 by Nye Cominetti and Laura Gardiner and Gavin Kelly The nation has rightly come together in the current crisis to express support for our care workers. But how do we normally treat the social care workforce? Due to both long-standing and nearer-term decisions and trends, frontline care workers are: underpaid, with around half earning less than the real Living Wage; particularly vulnerable to being … Continued READ MORE