Publication date:
Wednesday, September 4, 2013
The economic downturn has pushed the earnings of a further 1.4 million employees below the level of the 'living wage' since 2009, according to a new report from the Resolution Foundation think tank.
The living wage is the rate of pay deemed by the public as necessary for a basic standard of living. At the point in time covered by the report (April 2012) it was calculated to be £8.30 an hour in London and £7.20 elsewhere.
