Wednesday, June 19, 2019

The Working Poor

Britain has seen a big jump in the working poor since the 1990s, with almost three out of five people below the official poverty line living in a household where at least one person is working.

The Institute for Fiscal Studies found 8 million in poverty from working households.

The thinktank said that between 1994 and 2017 the share of poverty accounted for by working households had jumped from 37% to 58%. The in-work poor were living in relative poverty because they were living on less than 60% of median income. The IFS said the less well-off had been financially hit by more expensive housing and by weak earnings growth
https://www.theguardian.com/society/2019/jun/19/weak-pay-rises-and-dearer-housing-fuel-jump-in-working-poor-says-ifs

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