Report: Households Below a Minimum Income Standard - 2008/9 to 2016/17
Looking at working-age adults as one of three groups studied, it finds
- Between 2008-9 to 2016-17, the number of working adults living at below a Minimum Income Standard (MIS) increased from 10 million to 10.8 million, with the percentage living on less than 75% of this also rising, from 6.5 to 6.7 million.
- The likelihood of having an inadequate income has continued to increase among lone-parent households
- While earnings have risen, income from benefits and tax credits has fallen in real terms, so groups that depend more on the latter, especially lone parents, are particularly vulnerable.
- Half of all working-age couple parents with a single breadwinner did not have the income they needed for a minimum socially acceptable standard of living in 2016/17.
- Around 40% of lone parents working full-time have an income below MIS