Is it true that out-of-work benefits have almost doubled?
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Examining Employment and Income Disparities
This chapter investigates the complexity of the UK employment rate, highlighting issues like the long-term decline in male employment and the significance of out-of-work benefits. It contrasts the income levels of pensioners and working-age adults, revealing surprising findings about pensioners earning more than younger individuals in various countries, especially after accounting for housing costs. The chapter emphasizes the importance of understanding household income dynamics and the impact of pension systems on financial stability.
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