Sorry, we’re closed: Understanding the impact of retail’s decline on people and places

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Jobs, Skills and Pay

Headlines about shop closures might give the impression that retail’s decline is a relatively recent phenomenon, but in fact retail’s share of employment has been falling for the past 15 years. This report digs behind this long-run trend, driven by changes in what we spend and how we spend it, and focuses in on what … Continued

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The Living Standards Outlook 2019

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Incomes and Inequality

Detailed data about household incomes comes with a considerable lag. And while the Office for Budget Responsibility (OBR) produces economic forecasts for the next five years, these only tell us about averages. In this, our second dedicated Living Standards Outlook, we combine survey data, OBR forecasts, the government’s tax and benefit policies, and more, to … Continued

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Happy now? Lessons for economic policy makers from a focus on subjective well-being

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Incomes and Inequality

How happy are people in the United Kingdom? How satisfied are they with their lives? These questions and others are central to the well-being agenda that has been growing in prominence in economic and wider policy circles since the turn of the century. This paper, the first time the Resolution Foundation has published detailed analysis … Continued

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Counting the cost: UK living standards since the 2016 referendum

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Public Finances and the Economy

Household incomes are around £1,500 year lower today than they were expected to be before the Brexit referendum – with the UK having experienced the sharpest income growth slowdown of any economy for which the OECD publish data. This publication focuses on the UK’s economic performance since the EU referendum, but also goes beyond the … Continued

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The Resolution Foundation Earnings Outlook Q3 2018

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Our earnings breakdown for Q3 2018 shows that the squeeze on real pay ended in 2018, but with real pay growth still low by historical standards. As usual, pay growth is higher for those changing jobs, with a ‘disloyalty bonus’ of 4 percentage points. Our analysis of pay pressures and slack shows that the labour … Continued

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Atypical approaches: Options to support workers with insecure incomes

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Jobs, Skills and Pay

The UK’s employment rate continues to reach record highs. But while the majority of jobs added in recent years have been full-time employee roles, much attention has rightly been paid to less standard arrangements. Zero-hours contracts (ZHCs), self-employment and the gig economy have been the cause of much concern over the past decade, along with … Continued

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