Showing posts with label wages. Show all posts
Showing posts with label wages. Show all posts

Tuesday, 3 November 2015

Monday, 1 June 2015

There are more low-paid workers in the UK than in other advanced economies

There are more low-paid workers in the UK than in other advanced economies

To download the full pdf, click here

Explaining the data
This data is taken from the Organisation of Economic Co-operation and Development database via http://stats.oecd.org/Index.aspx?DatasetCode=AV_AN_WAGE. Figures are for 2012 and 2013, and are the most recent available for each country. More detailed figures on UK employment are available from the Office for National Statistics ‘jobs statistics’ at http://ons.gov.uk/ons/taxonomy/index.html?nscl=Job+Statistics#tab-data-tables


*********

Wednesday, 20 May 2015

The richest 10% of the population get richer whilst incomes for the poorest 10% plummet

the rich get richer, the poor get poorer

To download the pdf, click here

Explaining the data

Explaining the data: These figures were calculated by the New Economics Foundation (NEF) as part of their ‘Real Britain Index’ - http://www.realbritainindex.org/. NEF calculated a more detailed inflation figure for each decile (group of 10%) of the UK population from richest to poorest, based on their spending habits (for example, the poorest decile spend a higher proportion of their income on food, so are hit harder by food price increases, but are less likely to be affected by changes in the cost of luxury goods). NEF then used these inflation figures to calculate the year-on-year change in the incomes of each decile. Since the data used in this infographic was published, inflation has fallen, giving hope that real incomes of poorer households will rise. But this will also depend on factors such as low pay and cuts to social security. 


********

Friday, 3 October 2014

Most people think significant pay differentials unfair

Most people think pay differences between high and low earners are unfair

To download the full pdf click here

Explaining the data
This data was taken from polling carried out by ICM on behalf of the High Pay Centre. Though polling results depend on how the question is phrased, when asked if they agreed that “pay gaps in the UK are necessary to encourage people to work hard and take risks”, just 32% of respondents agreed, while 55% disagreed. Therefore it is clear that a majority of people think that the gap between those at the top and low and middle earners has grown too large. The results can be found at www.highpaycentre.org 


****