Low and middle income households are more vulnerable to recession than they were before the last financial crisis, a new study has found.
Analysis by the Resolution Foundation found a decade of sluggish growth in pay packets had left families with less ability to scale back on non-essentials if their incomes fall.
And a higher proportion of families have no savings to draw upon in emergencies.
|
|
Scooped by
UK Data Service
onto In the news: data in the UK Data Service collection across the web August 5, 2019 9:48 AM
|
Your new post is loading...
This article references research using data in the UK Data Service collection:
Family Expenditure Survey
Family Resources Survey
Households Below Average Income
Labour Force Survey
Living Costs and Food Survey
Wealth and Assets Survey