United Kingdom - Weaker growth of National Living Wage - October 31, 2016

The report Low Pay Britain 2016, published by independent think-tank the Resolution Foundation, shows that forecasts of weaker pay growth in the wake of the Brexit vote mean that the National Living Wage is unlikely to reach £9 by the end of the parliament, as projected by the Office for Budget Responsibility in March 2016. The Foundation now forecasts that it will reach £8.60 by 2020. This is lower than previously estimated due to the NLW being linked to how the pay of typical workers rises, providing an important connection to wider wage growth and the health of the economy. NLW is still set to transform the low pay landscape, despite it rising slightly slower than originally forecast. It is expected to lift more than 800,000 workers out of low pay by 2020 – the first significant fall in the number of low paid workers in over two decades. There are currently 5.7 million low paid workers across Britain, three-fifths of whom are women.

English: http://www.resolutionfoundation.org/media/press-releases/national-living-wage ...  

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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