In an ideal world all zero-hour contracts would be of the Augie March variety: they would represent the preference of an individual for freedom and flexibility. Instead, they are too often the unwanted consequence of a low wage, insecure labour market.
Data released Wednesday morning by the Office of National Statistics tell us more about zero-hours contracts, longstanding arrangements that have been more widely used and more widely discussed in the aftermath of the last recession. The data, as well as new research from the Resolution Foundation tell us more about how many people are employed under these arrangements – and, crucially, who they might be. Read more
Ed Miliband’s announcement on the EU in the Financial Times today is partly a recognition of this:
But it is also made with a keen awareness of this:
The Labour leader is trying to stem the bleeding of support from his party to those on the right. Europe might not be a salient issue but in today’s populist climate, it is a symbolic one. Read more
On Saturday, Ed Balls announced that a Labour government would bring back the 50 per cent tax rate on incomes over £150,000. His main justification is that it would raise more revenue than government estimates suggest. Is the shadow chancellor correct? Read more
In 1894, Mark Oldroyd, a Liberal MP with a fondness for mill girls and justice, published a pamphlet about the living wage. The textiles factory owner from Dewsbury, Yorkshire wrote that: “A living wage must be sufficient to maintain the worker in the highest state of industrial efficiency, with decent surroundings and sufficient leisure”. It was the first formal call for a wage which met the basic needs of a worker and his family. Notably, it was also a deliberate effort to preserve the value and moral worth of work itself. Read more