Today, Thursday 16 July, the IFS has published its detailed annual report on living standards, poverty and inequality in the UK, funded by the Joseph Rowntree Foundation. A launch event today will see IFS researchers present their findings.
The report analyses the latest official data on the distribution of income - for 2013-14, published by the Government on 25 June - focusing on what this tells us about changes in average incomes, poverty and inequality since the recession and over the longer term.
The publication looks at the factors driving the changes in incomes and poverty observed, and will look forward to the prospects for the coming years.
See our Incomes in the UK page for updated statistics on living standards, poverty and inequality.
Rising employment between 2009–10 and 2013–14 led to increases in the proportion of children living with working parents. At the same time, falls in real earnings reduced the incomes of working families. These two contrasting trends led to absolute child poverty remaining unchanged overall in this period. However, the proportion of children in poverty living in a working family rose from 54% in 2009–10 to 63% by 2013–14. These are among the findings of a new report by IFS researchers published today: Living Standards, Poverty and Inequality in the UK: 2015, funded by the Joseph Rowntree Foundation.