The Resolution Foundation has brought together leading charitable foundations, social investors and businesses to launch The Workertech Partnership – the UK’s first-ever innovation programme to support social entrepreneurs and start-ups focused on improving conditions and career paths for workers locked in low-paid and precarious employment. The £1.3 million partnership opens today (Tuesday) for applications from … Continued

Unemployment increased by 243,000 in three months to September 2020, despite the reopening of the economy, the Resolution Foundation said today (Tuesday) in response to the ONS labour market statistics. Unemployment increased by 0.7 percentage points on the previous quarter to reach 4.8 per cent in the three months to September – the fastest increase … Continued

The Chancellor has responded to the coming winter of lockdowns across the UK’s nations and regions by returning economic policy to a full lockdown mode through the extension of Job Retention Scheme (JRS) to the end of March, the Resolution Foundation said today (Thursday) in response to the Chancellor’s latest statement. The Foundation says that … Continued

Wales needs to move centre-stage in the UK’s ‘levelling up’ agenda as its strong performance on jobs has not been matched on pay packets, leaving the country struggling to reduce its living standards gap with the rest of the UK, according to a major new Resolution Foundation report published today (Wednesday). The report – From … Continued

Around two million employees were paid less the National Living Wage last April as low-paid workers found themselves at the heart of the crisis and were less likely to have their furloughed wages topped up by their employer, the Resolution Foundation said today (Tuesday) in response to the latest ONS Annual Survey of Hours and … Continued

More than one-in-three (35 per cent) workers have an active concern about the transmission of Covid-19 in their workplace – with low-paid workers most likely to be worried, but least likely to raise concerns or see their complaints resolved – according to new Resolution Foundation research published today (Tuesday). Failed Safe? – supported by Unbound … Continued

Commenting on the Chancellor’s announcement today (Monday) that he has extended the Self-Employment Income Support Scheme (SEISS) through to February, with an 80 per cent replacement rate in November followed by a 40 per cent replacement rate in December and January (with a maximum cash grant of £5,160), Hannah Slaughter, Economist at the Resolution Foundation, … Continued

Around one-in-five young people, and over one-in-five black, Asian and minority ethnic (BAME) workers, who were furloughed during lockdown have since their lost jobs – and just one-in-three young people who have lost their jobs have been able to find new work – according to a major new Resolution Foundation report published today (Wednesday). Jobs, … Continued

The Government’s £12.7 billion Self-Employment Income Support Scheme (SEISS) has been terribly targeted at those in need – with over 400,000 workers claiming support despite not losing any income during the crisis, while almost 500,000 people still without work have received no support at all. This is according to a major new Resolution Foundation report … Continued

The UK experienced the largest rise in unemployment in over a decade – rising by 138,000 in the three months to August – as self-employed men lost their jobs and women working part-time fell out of the jobs market altogether, the Resolution Foundation said today (Tuesday) Headline unemployment increased from 4.1 per cent to 4.5 … Continued

Commenting on new ONS data published today (Monday) highlighting pay gaps between different ethnic groups, George Bangham, Economist at the Resolution Foundation, said: “While progress has been made in reducing ethnicity pay gaps for some groups, such as Indian and Bangladeshi workers, gaps have actually got larger for others, such as Black Caribbean, and White … Continued

Commenting on the latest ONS GDP figures for August, James Smith, Research Director at the Resolution Foundation, said: “Disappointing growth figures for August confirm that Britain was never on course for a V-shaped recovery. “With further restrictions coming this Autumn, the Chancellor is setting out fresh economic support this afternoon. This should include local furloughing … Continued

Hopes of a V-shaped recovery have given way to the reality of a U-shaped crisis, with young adults and young pensioners most likely to have stopped working during the pandemic, according to the Resolution Foundation’s annual Intergenerational Audit published today (Thursday). The report – supported by the Nuffield Foundation – offers the first comprehensive assessment … Continued

Commenting on the Migration Advisory Committee’s report published this morning, Kathleen Henehan, Senior Economist at the Resolution Foundation, said: “Today’s MAC report is the latest reminder of the damage caused by appalling pay and conditions in the care sector. Expanding our social care workforce could help our covid rsponse, provide vital employment opportunities for those … Continued

The Chancellor’s Job Support Scheme (JSS) will help stem but not halt the sharp rise in unemployment this Autumn, but avoidable design flaws will reduce its impact, the Resolution Foundation said in response to the Winter Economic Plan today (Thursday). With public restrictions being ramped up, the Chancellor is right to have announced fresh emergency … Continued

The covid crisis means the UK’s two million minimum wage workers are set to receive the smallest pay increase since 2010  – of around 15p – next April, but the economic shock does not mean the Government should abandon its pledge to abolish low pay by the middle of the decade, according to the Resolution … Continued

Commenting on the Chancellor’s announcement today (Wednesday) that he has cancelled an Autumn Budget and will instead set out a Winter Economic Plan tomorrow, Torsten Bell, Chief Executive of the Resolution Foundation, said: “With the Prime Minister having ramped up restrictions to control the spread of the virus, it’s right that the Chancellor now shifts … Continued

Commenting on the Government announcement today (Tuesday) of new public health restrictions to curb the rise in covid-19 infections, Torsten Bell, Chief Executive of the Resolution Foundation, said: “Phasing in restrictions to control the virus, while simultaneously phasing out support for firms and workers, isn’t a sustainable approach to the difficult months ahead. A new … Continued

The number of furloughed workers has almost halved from its early May peak of 8.9 million to 4.8 million in late July, but hard-hit sectors like hospitality and leisure are still hugely reliant on the Job Retention Scheme (JRS) that is due to end in just six weeks’ time, the Resolution Foundation said today (Friday) … Continued

Unemployment rose sharply even before the start of the winding down of the Coronavirus Job Retention Scheme (JRS) from August, with young people at the centre of Britain’s mounting jobs crisis, the Resolution Foundation said today (Tuesday) in response to the latest ONS data. The headline unemployment picked up in the three months to July … Continued

Commenting on the latest GDP figures for July published today (Friday), which shows that month-on-month growth was 6.6 per cent, but that monthly GDP was still 11.7 per cent down on pre-pandemic levels, James Smith Research Director at the Resolution Foundation, said: “The UK economy continued to rebound over the Summer as lockdown restrictions eased. … Continued

Commenting on the Treasury Committee’s second interim report of its inquiry into the Economic Impact of Coronavirus, which sets a wide range policy recommendations for the Chancellor ahead of his upcoming Budget, Torsten Bell, Chief Executive of the Resolution Foundation, said: “This authoritative account of the economic impact of coronavirus should be required reading for … Continued