Positive labour market figures are to be understood in the context of the post-crisis period as a whole and must not detract from the long-standing pressures on working people.
Tag Archives: inflation
Damning new report finds that food banks are carrying out their work completely without government help
Ensuring that the minimum wage begins to catch up with median earnings will mean the low paid enjoying some of the benefits of the economic recovery that the affluent are seeing.
If we measure inflation by the Retail Price Index – far more commonly used than CPI in pay bargaining – real pay is still falling, writes Richard Exell.
Don’t believe the coalition hype. The so-called ‘cost of living crisis’ is far from over, writes James Bloodworth.
Today’s news on inflation is certainly welcome; but we’re not on the home straights yet.
To get an idea of just why so many people are struggling, take a look at this graph, which tracks the increase in the cost of basic food items from 2012 to 2013.