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Originally Posted by Hugh
Well, with inflation at around 0 to 1%, and expected to stay there for the next couple of years, yes.....
---------- Post added at 17:14 ---------- Previous post was at 17:12 ----------
So we should have the insane situation where low salaries are topped up by the Government, at a time when business profits are at their highest levels in two decades?
http://www.telegraph.co.uk/finance/c...e-economy.html |
How many full time childless employees have their income topped up? It is part timers and/or those with children that are topped up. The Living Wage is calculated using 9 different scenarios, one of which is a couple with 4 kids. How is that comparable to a single person with no kids? A general Living Wage would be paying too much, even by the measures of the Living Wage itself.
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The nine non-pensioner households used in MIS are single-unit households (i.e. single adults or couples living with or without dependent children, but nobody else), with up to three children for lone parents and up to four children for couples.
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