JRF’s Monitoring Poverty and Social Exclusion – shows a growing crisis of underemployment in the UK

Always worthe keeping an eye on – and publicising – the latest report on poverty and social exlusion just recently published by the Jospeph Rowntree Foundation  

There’s a year’s lag in the data of course – so this report examines the situation left to the current government by the last Labour government, and includes the initial effects of the recession following the 2008 financial collapse caused by the feckless irresponsibility of the Transnational Capitalist Class and the weak (some would say bought) democratic institutions that failed to regulate them.

You can read the full summary and report for free at the above link, but one thing I took from the study is the huge number of people who are ‘in work’ and suffering from relative poverty – As noted in the summary

‘By mid-2011, six million people were unemployed, lacking but wanting work or working part-time because no full time job was available. This was 2 million higher than in 2004.’

The end result of this is that 57% of children in poverty live in working households – so under late Capitalism even working is not enough to ensure a decent standard of living….

I see this as a hugely important hidden dimension of the ‘legitimation crisis’ of late Capitalism – the system is systematically failing to sufficient work for people – which results in the gradually increasing immiseration of ordinaray working people.

Yet another indicator of how Capitalism simply isn’t working for millions of people in the UK…

 

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