Late patterns in neediness.


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Be that as it may, there was an ascent in the private wages of retired people in 2006-07 ... For the most part private benefits, with some speculation salary and livelihood pay. ...
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Late patterns in neediness David Phillips Institute for Fiscal Studies 11 th June 2008

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What\'s coming up? Destitution fell amid Labor\'s initial two terms Most for retired people and youngsters Longest maintained fall in neediness of late times Poverty ascended between 2005-06 and 2006-07. Beneficiary destitution expanded most (by 300,000). Youngster neediness needs to fall by 300,000 a year for a long time to meet 2010-11 targets.

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Defining Poverty for HBAI GB up to 2001-02, UK from 2002-03 Focus on rates as opposed to numbers Relative idea of destitution Individuals in families beneath 60% of the contemporary BHC and AHC middle No record of profundity of neediness

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Poverty fell in Labor\'s initial two terms Source: HBAI Data (FES and FRS)

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Poverty ascended in 2005-06.. Source: HBAI Data (FES and FRS)

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..And again in 2006-07 Source: HBAI Data (FES and FRS)

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Across all edges? Source: HBAI Data (FRS)

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Across all limits? Source: HBAI Data (FRS)

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Across all limits? Source: HBAI Data (FRS)

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Across all limits? Source: HBAI Data (FRS)

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Across all limits? Source: HBAI Data (FRS)

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Across all edges? Source: HBAI Data (FRS)

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Across all limits? Source: HBAI Data (FRS)

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Growth in Benefit Entitlements

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Composition of Poverty (AHC) Source: HBAI Data (FES and FRS) and creators\' examination

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Child Poverty 2004-05 Target Cut number of kids in neediness by ¼ contrasted and 1998-99 Narrowly missed 2010 Target Cut youngster destitution by ½ contrasted and 1998-99 Looks extremely difficult.

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2010 target looks exceptionally difficult Source: HBAI Data (FRS) and creators\' investigation

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2010 target looks extremely difficult Source: HBAI Data (FRS) and creators\' examination

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For whom has kid destitution risen? Concentrate on number of kids in destitution (BHC) Look at 125,000 ascent between 2004-05 and 2006-07 Can disintegrate the ascent in youngster neediness into: A changing danger for particular family sorts The changing organization of families with kids

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Decomposing the 125,000 ascent in tyke neediness since 2004-05 Source: HBAI Data (FRS) and creators\' examination

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Pensioner neediness Source: HBAI Data (FES and FRS)

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Pensioner neediness rises Source: HBAI Data (FES and FRS)

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Pensioner Poverty Pensioner Poverty up by 200,000 AHC and 300,000 BHC. First time it has risen AHC since 1996-97 First time it has risen BHC since 2001-02 The ascent is measurably noteworthy and sizeable. Fixes around 1/6 of AHC fall subsequent to 1996-97 About 2/3 of the BHC fall. Destitution hazard up for all age bunches (especially more established). IFS scientists anticipated an ascent yet not this enormous. Supporting proof from different overviews.

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Factors fundamental the ascent Abolition of extra age-related installments Rising swelling disintegrated the estimation of advantages. Fall in advantage receipts caught in overview. Yet, there was an ascent in the private wages of retired people in 2006-07

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Factors basic the ascent Abolition of extra age-related installments Payments of £50 or £200 in Winter 2005 not rehashed. Added 100,000 to retired person destitution. Rising expansion dissolved the estimation of advantages. Fall in advantage receipts caught in review. There was an ascent in the private earnings of beneficiaries in 2006-07

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Factors basic the ascent Abolition of extra age-related installments Rising swelling disintegrated the estimation of advantages. The State Pension fell in genuine terms in 2006-07. Fall in advantage receipts caught in review. There was an ascent in the private salaries of retired people in 2006-07

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Factors fundamental the ascent Abolition of extra age-related installments Rising swelling dissolved the estimation of advantages. Fall in advantage receipts caught in review. Could be somewhat under-recording of specific advantages (e.g. the Pension Credit). There was an ascent in the private earnings of retired people in 2006-07

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Factors basic the ascent Abolition of extra age-related installments Rising swelling dissolved the estimation of advantages. Fall in advantage receipts caught in study. In any case, there was an ascent in the private salaries of beneficiaries in 2006-07 Mostly private annuities, with some venture salary and work wage.

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Working-age grown-ups without ward kids Source: HBAI Data (FES and FRS)

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Absolute destitution falls up to 2004-05 Source: HBAI Data (FES and FRS)

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Rises in 2005-06 and 2006-07 Source: HBAI Data (FES and FRS)

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Summing up Relative neediness rise Second year in succession for neediness rise. Still lower than its 1996-97 level Pensioner neediness climbed the most 100,000 because of the annulment of age-related installments Need to discover new cash to accomplish 2010 target Difficult with tight government accounts.

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