Britain has a shrinking economy and a worker shortage - so why aren't part-time workers increasing their hours? Tougher benefit rules have boosted employment in the UK, but have also trapped workers in dead-end jobs and weakened incentives to move from part to full-time work, according to the Institute for Fiscal Studies (IFS). As Britain is expected to be the only major industrialised country to see its economy shrink this year, amid rising interest rates and higher taxes, the government is fra...
'It's just not worth it': why full-time work no longer pays in the UK
The Guardian - 13 Feb 2023 14:30
Britain has a shrinking economy and a worker shortage - so why aren't part-time workers increasing their hours? Tougher benefit rules have boosted employment in the UK, but have also trapped workers in dead-end jobs and weakened incentives to move from part to full-time work, according to the Institute for Fiscal Studies (IFS). As Britain is expected to be the only major industrialised country to see its economy shrink this year, amid rising interest rates and higher taxes, the government is fra...
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