This parliament will see the largest drop in average earnings after inflation since 1874-1880.
Tag Archives: living standards
‘Are you better off than four years ago?’ Ed Balls channels Reagan to highlight biggest fall in earnings since 1874
The percentage of households in the UK who are below society’s minimum standard of living has increased from 14% to 33% over the last 30 years, according to a new study of poverty and deprivation.
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.
The decline in the bargaining power of labour has been a contributory factor to the fall in living standards.
TweetFive million workers are set to be left out of the economic recovery, according to a new report published today. The report, Working for Poverty, was authored by the Living Wage Commission and states that the economic recovery will have no effect for one in five workers unless employers pay a Living Wage. It describes […]
Workers have experienced the longest fall in real wages since at least 1964, new figures from the Office of National Statistics (ONS) show.
Despite the sort of spin that we saw last Friday, people really are worse off under the Tories.
The transparent attempt by the government to selectively reinterpret the data so as to downplay the so-called ‘cost of living crisis’ is frankly rather alarming.
Despite today’s welcome news on falling unemployment, pay and productivity are stagnating.
Are more people really using food banks because of a greater awareness of them?