resolution foundation

Higher rents are reducing the financial gains from moving to better paying parts of the country, and mean that young people are less mobile than they were 20 years ago, according to new research from the Resolution Foundation.

The ‘crisis cohort’ who entered the world of work in the midst of the financial crisis continued to face higher unemployment, lower pay and worse job prospects up to a decade later, compared to other young people entering work before or after the downturn.

Child poverty is likely to continue rising, and could even hit a record high within the next few years, says Resolution Foundation.

Levels of weekly pay still remain £9 lower than they were a decade ago, says the Resolution Foundation.