The report carried out by the Resolution Foundation shows there are now 4.8 million jobs, whose wages are lower than £7.45 a hour, which is the minimum deemed necessary for basic standard of living in the UK.
œFor most of the working population real wages have been flat or declining for many years and as a result more and more people have dipped below the level of the Living Wage,” said Matthew Whittaker, senior economist at the Resolution Foundation.
“This means an increasing struggle to keep up with the cost of living.”
The amount of employees earning in that category has risen 20-percent since Prime Minister David Cameron™s election.
Britain is among countries that pay the lowest on average as compared to the cost of living. Whittaker said œBritain has a sorry story to tell on low pay. Only a handful of our close competitors do worse and the large majority has much lower rates of low pay – sometimes half as much.”
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Republished from: Press TV
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