|This centre is a member of The LSE Research Laboratory [RLAB]: CASE | CVER | CEP | SERC | STICERD||Cookies?|
Paper No' CEPEA036: | Full paper
Save Reference as: BibTeX File | EndNote Import File
Keywords: Real wages; UK 2017 General Election; Brexit; UK economy; Labour market
Is hard copy/paper copy available? YES - Paper Copy Still In Print.
This Paper is published under the following series:
Share this page: Google Bookmarks | Facebook | Twitter
Abstract:Since the global financial crisis of 2007/08, workers’ real wages and family living standards in the UK have suffered to an extent unprecedented in modern history. Real wages of the typical (median) worker have fallen by almost 5% since 2008, while real family incomes for families of working age have just about recovered to pre-crisis levels. But almost all groups of individuals and families – with the exception of pensioner households – are no better off on average than in 2008. In particular, there is an important generational shift, with young people doing considerably worse.
Download Press Release
Copyright © RLAB & LSE 2003 - 2017 | LSE, Houghton Street, London WC2A 2AE | Contact: RLAB | Site updated 21 September 2017