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Wednesday, October 29, 2014

A Recovery For Some

The UK government is very fond at the moment of boasting how they have solved the economic crisis. They claim that the economic deficit has been reduced and that unemployment figures have improved. However there is one aspect of the so-called recovery that they keep quiet about. 'The number of people working in low-paid jobs has hit a record of 5.2 million, according to a report by the Resolution Foundation, a think-tank, which found that the number of people earning less than two thirds of the median hourly rate of £7.69 had risen by 250,000 last year.' (Times, 27 October) So while members of the owning class reap in the profits many workers find themselves worse off.  RD 

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