Fact Service (March 2018)

Issue 9

No end in sight to UK's pay squeeze


Britain is increasingly becoming an overworked and underpaid nation. Almost eight out of 10 workers believe they will be poorer over the coming year as the cost of living crisis intensifies, a new report by the Centre for Labour and Social Studies says.


The findings are revealed in a survey of 2,000 workers. It also found that three-quarters believed the economy was not working for them.


Wage stagnation is now pushing workers to breaking point, with one in five (20%) working households having taken on a second job to make ends meet, and a further 20% who are seriously considering it.


The study found alarming levels of worker stress across many sectors due to mounting personal debt and longer hours with less pay.


http://classonline.org.uk/news/press/workers-realities-press-release


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