Weak pay rises and dearer housing fuel jump in working poor, says IFS

Number in poverty rises to 8m, with 60% living in households where someone works Britain has seen a big jump in the working poor since the 1990s, with almost three out of five people below the official poverty line living in a household where at least one person is working.The Institute for Fiscal Studies found that a drop in the number of workless households, better-off pensioners and higher rents had resulted in 8 million in poverty from working households. Continue reading...