One in five UK workers paid less than the living wage

October 31, 2012 5:19 pm Published by

One in five workers in the UK are paid less than the living wage, research from KPMG has shown. The report, ‘Living Wage Research for KPMG’, looks at the extent of sub-living wage employment and the effect it has on those low paid workers. The national minimum wage is currently £6.19 an hour, whereas the living wage is £7.20 an hour outside London, and £8.30 an hour inside London. The living wage is a rate which enables workers to afford a basic standard of living. Northern Ireland has the highest proportion of people earning below the living wage, followed by Wales. But London, the north west and the south east have the highest number of people earning below the living wage.... View Article

Labour Market Live

October 17, 2012 4:03 pm Published by

Unemployment is 2,528,000, down 64,000 from last month’s published figure (quarterly headline down 50,000), and the unemployment rate is 7.9%, down 0.2 percentage points on last month (quarterly headline down 0.2 percentage points). The number of claimant unemployed is 1,567,300, down 4,000 on last month, and the claimant rate is 4.8%. The number of workless young people (not in employment, full-time education or training) is 1,364,000, down 103,000 in the quarter, representing 18.8% of the youth population (down 1.4 percentage points in the quarter). Youth unemployment (including students) is 957,000, down 62,000 in the quarter. There are 5.3 unemployed people per vacancy. The employment rate is 71.3% (up 0.1 percentage points on last month’s published figure and up 0.5 percentage... View Article