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May 2010
Article
Average incomes up and poverty down slightly during first year of recession
Type: IFS Press Releases
Authors: Mike Brewer, Alastair Muriel, David Phillips and Luke Sibieta

Average take-home incomes grew even after taking account of inflation and in spite of rising unemployment during 2008-09, the first full financial year of the recent recession. This is the surprising finding of official statistics released today.

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