Friday, 15 March 2013

A million more families below the breadline by 2015

via ToUChstone blog: A public policy blog from the TUC by Rob Holdsworth

Infographic showing how austerity policies and slow wage growth will result in more families struggling to make ends meet by 2015.

The TUC has done lots of research on the impact of the government’s welfare reforms and benefit cuts on ordinary families. Every year, we update our tax credit calculator to show the impact of benefit changes on family incomes.

We’ve also looked at the cost of wages failing to keep up with the rest of rising cost of living. We recently found that a worker on an average salary of £26,000 has already lost £4,000 since 2009 as result of falling real wages.

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