“Weak pay rises and dearer housing fuel jump in working poor, says IFS”

“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 that a drop in the number of workless households, better-off pensioners and higher rents had resulted in 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, but were still better off than they would have been had they been unemployed. …”