We need to tackle the high cost of living to support just managing families

Responding to today’s figures showing employment has reached another record high of 74.6%, with unemployment still the lowest in a decade at 4.8%, head of analysis at the independent Joseph Rowntree Foundation (JRF), Helen Barnard, said:

“Record employment in the economy is welcome and work has to be the best route out of poverty. But we know employment alone will not always help people reach a decent standard of living.

“Our analysis today shows four million more people over the last six years have fallen below a decent leaving standard, meaning they are struggling to make ends meet.

“Tackling the high cost of living is crucial to helping just managing families, particularly with a challenging outlook: inflation is likely to average 2.6% this year, in sharp contrast to the very low inflation of recent times.

“Government focus on modest incomes is welcome, but there is a fine margin between just managing today and poverty tomorrow.”