Thousands of Working UK Parents Earning £20,000 Less Than Needed for Decent Life A recent report from the Joseph Rowntree Foundation reveals a stark reality facing hundreds of thousands of working parents in the UK: despite being employed full time, they are struggling to make ends meet.
The Minimum Income Standard report calculates that even on the national living wage, families fall short by an average of over £20,000 annually – a gap that widens when housing costs and benefit allowances are factored in.
The situation is particularly dire for those relying on out of work benefits, with social security payments covering less than a quarter of the required minimum income.