The #coronavirus crisis hit after several years of poor income growth.
Median household income did not grow at all between 2016−17 and 2018−19, and low-income households were no better off in 2018−19 than 5 years earlier.
New IFS analysis: https://www.ifs.org.uk/publications/14901
Median household income did not grow at all between 2016−17 and 2018−19, and low-income households were no better off in 2018−19 than 5 years earlier.
New IFS analysis: https://www.ifs.org.uk/publications/14901
People employed in shut-down sectors (such as hospitality), and those who are less able to work from home (including cleaners and hairdressers), were more likely to be in poverty before the #coronavirus crisis than other employees.
The benefits system in 2020 provides less support to workless households than in 2011, despite temporary increases due to the #coronavirus pandemic.
Workless households are on average entitled to around £1,600 (10%) less per year than in 2011.
Workless households are on average entitled to around £1,600 (10%) less per year than in 2011.
Growth in employment was the big success story of the recovery from the last crisis.
Changes in job quality were mixed – workers reported more interest in work and progression opportunities, but also more stress, less security, and less flexibility.
https://www.ifs.org.uk/publications/14889
Changes in job quality were mixed – workers reported more interest in work and progression opportunities, but also more stress, less security, and less flexibility.
https://www.ifs.org.uk/publications/14889