Reasons why income/wealth inequalities exist Flashcards

1
Q

Unemployment 2

A

4.2% of the uk population, have a very limited income which is provided by the benefits system

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2
Q

Unemployment 2

A

People who are unemployed will receive job seekers allowance which equates to £67.20 per week (24 or under), 25 or over you can get up to £84.80 per week.

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3
Q

Unemployment 4

A

On uc a single adult over 23 will receive £324.84 per week. which falls well short of average earnings and as a consequence many claimants.have gone with out some essentials such as an adequate diet or healthy.

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3
Q

Unemployment 3

A

In January 2022 there were over 5.6 million people on universal credit across the uk

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4
Q

Low pay 1

A

National minimum wage (NMW) which is £10.42 an hour for these over the age of 23

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5
Q

Low pay 2

A

65.9% of children and working age adults in poverty in 2019/20 lived in families where at least one adult was working part time or more.

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6
Q

Low pay 3

A

More significant that unemployment (4%) whereas low pay impacts 5% of workers.

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7
Q

Insecure work 1

A

Zero hour contracts are very common in sectors such as retail, the care sector and seasonal working

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8
Q

Insecure work 2

A

Women in the uk are nearly twice as likely as men to be “trapped in such severely insecure jobs”.

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9
Q

Insecure work 3

A

Around 3.7 million people in the uk are estimated to be in insecure employment according to Tuc

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