“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. …”

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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