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Tories try to woo low-paid with vow to raise national living wage | UK news | The Guardian

Tories try to woo low-paid with vow to raise national living wage | UK news | The Guardian | In the news: data in the UK Data Service collection across the web | Scoop.it
Sajid Javid has signalled the government’s intention to woo low-paid workers in the forthcoming general election by announcing plans to increase the “national living wage” to £10.50 an hour.

The chancellor said his new five-year target to raise the national living wage and reduce the age at which people could receive it from 25 to 21 meant the Conservatives were now the “workers’ party”. The changes would benefit 4 million people.
UK Data Services insight:

This article references research using data available in the UK Data Service collection:

Family Expenditure Survey 

New Earnings Survey Panel Dataset

Annual Survey of Hours and Earnings

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Millennials have less to spend on non-essentials than older generations | Daily Mail

Millennials have less to spend on non-essentials than older generations | Daily Mail | In the news: data in the UK Data Service collection across the web | Scoop.it
Young people are spending 7% less on non-housing items than they were in 2001, a new study suggests.

An 'intergenerational audit' published by the Resolution Foundation assesses whether the 20th century norm of each generation enjoying higher living standards than their predecessors still holds true.

The report identified a number of intergenerational living standards challenges facing Britain, including the fall in money spent by 18 to 29-year-olds on non-housing items, including recreation and eating out, returning their pay to pre-financial crisis levels, and a 'long road' to recovery on home ownership.

UK Data Services insight:

This article references research using data which is part of the UK Data Service collection:

Annual Population Survey 

Annual Survey of Hours and Earnings

British Household Panel Survey 

English Housing Survey 

English Private Landlord Survey

Family Resources Survey 

Households Below Average Income 

Labour Force Survey 

Living Costs and Food Survey

New Earnings Survey Panel Dataset

Understanding Society

Wealth and Assets Survey 

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Pensioners now spend an extra £100-a-week on drinking and eating out, report finds

Pensioners now spend an extra £100-a-week on drinking and eating out, report finds | In the news: data in the UK Data Service collection across the web | Scoop.it
Partying pensioners have been unmasked as a generation of big spenders in a report which reveals that they spend more than £100-a-week on alcohol and eating out than their predecessors.

People aged 65-and-over living in the UK are increasingly likely to enjoy their retirement.

This is not only in contrast to their previous generation, but also millenials who are devoting a smaller amount of their spending on “fun stuff” such as recreational activities, clothing and footwear, restaurants, hotels, culture, alcohol and tobacco.
UK Data Services insight:

This article references research using data which is part of the UK Data Service collection:

Annual Population Survey 

Annual Survey of Hours and Earnings

British Household Panel Survey 

English Housing Survey 

English Private Landlord Survey

Family Resources Survey 

Households Below Average Income 

Labour Force Survey 

Living Costs and Food Survey

New Earnings Survey Panel Dataset

Understanding Society

Wealth and Assets Survey 

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Under-30s 'spend less than same age group in 2001'

Under-30s 'spend less than same age group in 2001' | In the news: data in the UK Data Service collection across the web | Scoop.it
Young people under 30 are spending less on non-housing items than the same age group in 2001, a new report suggests.

The Resolution Foundation think tank studied changes in pay, housing, taxes and benefits to see if it was still true that newer generations are better off than their predecessors were.
UK Data Services insight:

This article references research using data which is part of the UK Data Service collection:

Annual Population Survey 

Annual Survey of Hours and Earnings

British Household Panel Survey 

English Housing Survey 

English Private Landlord Survey

Family Resources Survey 

Households Below Average Income 

Labour Force Survey 

Living Costs and Food Survey

New Earnings Survey Panel Dataset

Understanding Society

Wealth and Assets Survey 

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Number of low-paid workers falling as minimum wage rises

Number of low-paid workers falling as minimum wage rises | In the news: data in the UK Data Service collection across the web | Scoop.it
The number of low-paid workers in Britain has fallen to its lowest level since 1980, according to a new report.

Analysis by the Resolution Foundation suggests that the National Living Wage has “significantly” reduced low pay, with the number of low-paid workers dropping by 200,000 in the last year.

Young adults are particularly benefitting, with 120,000 of these low-paid workers aged between 21 and 30.
UK Data Services insight:

This article references research using data in the UK Data Service collection:

Family Expenditure Survey 

New Earnings Survey Panel Dataset

Annual Survey of Hours and Earnings

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Low Pay Britain 2019

Low Pay Britain 2019 | In the news: data in the UK Data Service collection across the web | Scoop.it
This is the ninth annual Resolution Foundation report on low pay. This year we focus on the minimum wage, for two reasons. The first is that it is driving big, welcome changes to our labour market. As the UK’s wage floor celebrates its 20th birthday, recent increases in its level have driven the first sustained … Continued
UK Data Services insight:

This research uses data in the UK Data Service collection:

Family Expenditure Survey 

New Earnings Survey Panel Dataset

Annual Survey of Hours and Earnings

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Cohort of 2009 workers scarred by financial crisis a decade later

Cohort of 2009 workers scarred by financial crisis a decade later | In the news: data in the UK Data Service collection across the web | Scoop.it
Young British workers are still “scarred” by the financial crisis a decade after it ended, earning less than previous generations did at the same age, according to a report published on Monday.

People who started work in 2009 had lower average earnings nine years later than those who left school or university in 1995 did at the same point in their careers, said the Resolution Foundation, a think-tank.
UK Data Services insight:

This article references research using data in the UK Data Service:

 

Labour Force Survey 

Annual Survey of Hours and Earnings

New Earnings Survey Panel Dataset

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50p at 50: how Britons' living costs have changed since 1969 | Money | The Guardian

50p at 50: how Britons' living costs have changed since 1969 | Money | The Guardian | In the news: data in the UK Data Service collection across the web | Scoop.it
The front page of the Guardian carried stories on the two burning issues of the day: the eruption of violence in Northern Ireland, and the endless negotiations over the UK joining the EEC. The chief comment piece was speculation about a forthcoming general election, with Labour behind in the polls. And a large advert from the Decimal Currency Board proclaimed the arrival that day of the “50 new penny piece”.
UK Data Services insight:

This article references data available in the UK Data Service collection:

 

Annual Survey of Hours and Earnings

New Earnings Survey

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Cash-strapped millennials are cutting back on ‘fun’ while pensioners are splashing out on good times –

Cash-strapped millennials are cutting back on ‘fun’ while pensioners are splashing out on good times – | In the news: data in the UK Data Service collection across the web | Scoop.it
CASH-STRAPPED millennials are cutting back on “fun” while pensioners splash out, a shock new report found last night.

In a report that laid bare the inter-generational divide, a think tank said 18-29 year-olds were having to spend £23 a week less on recreation, restaurants and booze than 20 years ago because of the rising cost of basics.
UK Data Services insight:

This article references research using data which is part of the UK Data Service collection:

Annual Population Survey 

Annual Survey of Hours and Earnings

British Household Panel Survey 

English Housing Survey 

English Private Landlord Survey

Family Resources Survey 

Households Below Average Income 

Labour Force Survey 

Living Costs and Food Survey

New Earnings Survey Panel Dataset

Understanding Society

Wealth and Assets Survey 

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‘Consumption crunch’: Young people spending less than they did in 2001, research finds

‘Consumption crunch’: Young people spending less than they did in 2001, research finds | In the news: data in the UK Data Service collection across the web | Scoop.it
Young people today are facing a “consumption crunch” with their spending power less than it was in 2001, while baby boomers have experienced large gains in income, according to new research.

Those aged 18 to 29 are spending £380 per week on non-housing items, the Resolution Foundation found. The figure is 7 per cent less in real terms than what those in the same age group spent in 2001. 
UK Data Services insight:

This article references research using data which is part of the UK Data Service collection:

Annual Population Survey 

Annual Survey of Hours and Earnings

British Household Panel Survey 

English Housing Survey 

English Private Landlord Survey

Family Resources Survey 

Households Below Average Income 

Labour Force Survey 

Living Costs and Food Survey

New Earnings Survey Panel Dataset

Understanding Society

Wealth and Assets Survey 

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Young adults have less to spend on non-essentials, study says | Inequality | The Guardian

Young adults have less to spend on non-essentials, study says | Inequality | The Guardian | In the news: data in the UK Data Service collection across the web | Scoop.it
Avocado on toast was the snack that became a synonym for millennial excess. But along with holidays and tickets to shows, dining out is proving beyond the budget of Britain’s youngest adults, who, according to new figures, have suffered a slump in their spending power for life’s non-essentials while their parents’ generation have splashed out with increasing abandon.
UK Data Services insight:

This article references research using data which is part of the UK Data Service collection:

Annual Population Survey 

Annual Survey of Hours and Earnings

British Household Panel Survey 

English Housing Survey 

English Private Landlord Survey

Family Resources Survey 

Households Below Average Income 

Labour Force Survey 

Living Costs and Food Survey

New Earnings Survey Panel Dataset

Understanding Society

Wealth and Assets Survey 

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Young adults benefit from better pay

Young adults benefit from better pay | In the news: data in the UK Data Service collection across the web | Scoop.it
The proportion of low-paid workers in Britain has fallen to its lowest level since 1980, a think tank has said, with young adults particularly benefitting.

The number of low-paid workers dropped by 200,000 last year, with 120,000 of them aged between 21 and 30, the Resolution Foundation said.

It said the introduction of the National Living Wage had "significantly" reduced low pay.
UK Data Services insight:

This article references research using data in the UK Data Service collection:

Family Expenditure Survey 

New Earnings Survey Panel Dataset

Annual Survey of Hours and Earnings

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If you're aged 26 to 32 the recession means you're likely to earn less - and you're more likely to be unemployed

If you're aged 26 to 32 the recession means you're likely to earn less - and you're more likely to be unemployed | In the news: data in the UK Data Service collection across the web | Scoop.it
PEOPLE aged 26 to 32 are likely to earn less than those who are both older and younger than them - and they're more likely to be unemployed.

That's the findings of a new report from think tank the Resolution Foundation which looked at the effect the 2007 financial crash had on those leaving education during the following recession.
UK Data Services insight:

This article references research using data in the UK Data Service:

 

Labour Force Survey 

Annual Survey of Hours and Earnings

New Earnings Survey Panel Dataset

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'I didn't expect tough job search'

'I didn't expect tough job search' | In the news: data in the UK Data Service collection across the web | Scoop.it
When Carole Farish left school 11 years ago, she thought it would be quite easy to find a job in retail or hospitality.

But like many of her peer group, she found it was not so straightforward.

Carole belongs to a generation that, according to a new report, has been "left scarred" by joining the workforce just as the financial crisis hit.
UK Data Services insight:

This article references research using data in the UK Data Service:

 

Labour Force Survey 

Annual Survey of Hours and Earnings

New Earnings Survey Panel Dataset

No comment yet.