William Eichler 15 February 2017

Four million more people living below an ‘adequate income’

Four million more people living below an ‘adequate income’ image

Millions of just about managing families are on the ‘tipping point’ of falling into poverty, warns think tank.

New research from the Joseph Rowntree Foundation (JRF) has revealed the number of individuals living below the Minimum Income Standard (MIS) has risen by four million to 19 million between 2008/9 – 2014/5.

MIS is a benchmark of income adequacy, as defined by what the public think is needed for a decent living standard. It is calculated by the Centre for Research in Social Policy (CRSP) at Loughborough University.

Out of the 19 million people living below the MIS, 11 million are ‘far short’ of it with incomes below 75% of the standard, JRF found.

JRF’s research shows that many just about managing families - or JAMs - are at risk of falling into poverty as prices rise in the shops and the cost of living, which is predicted to be 10% higher in 2020, increases.

This rise in the cost of living is also compounded by stagnating incomes.

‘These stark figures show just how precarious life can be for many families,’ said Campbell Robb, chief executive at JRF.

‘Government focus on people on modest incomes is welcome, but it cannot be at the expense of those at the poorest end of the income scale: it must remember just about managing today can become poverty tomorrow.’

‘This could be a very difficult time for just managing families as rising inflation begins to bite into finely-balanced budgets,’ he continued.

‘The high cost of living has already helped push four million more people below an adequate income, and if the cost of essentials such as food, energy and housing rise further, we need to take action to ease the strain.

‘The Government can help in next month’s Budget by allowing families to keep more of their earnings and ensuring benefits and tax credits keep up with the rising cost of living.’

SIGN UP
For your free daily news bulletin
Highways jobs

Vehicle Technician x2

Sandwell Metropolitan Borough Council
£24,982 - £29,577 per annum
These positions are fixed term contracts for 12 months with the prospect of a permanent role once the Class C Driving Licence has been obtained.  Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council

Social Worker (Young Adults Team)

Sandwell Metropolitan Borough Council
£30,451 - £34,728 per annum
Are you are enthusiastic and dynamic and want to join a dedicated and very supportive team in the delivery of Adult Social Care across Sandwell?  Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council

Agency and Recruitment Officer

Royal Borough of Greenwich
£22.995 - £24.258
We are looking for a reliable, experienced administrator who can support a range of recruitment tasks to ensure... Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Deputy Home Manager

Royal Borough of Greenwich
£40.869 - £43.860
We are looking for a talented and motivated Deputy Manager with excellent leadership qualities who is able to... Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Property Data Officer

Camden London Borough Council
£30,893 - £ 35,488 per annum
The main purpose of this role is be a key part in delivering the... Camden, London (Greater)
Recuriter: Camden London Borough Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue