出版社：Suntory Toyota International Centres for Economics and Related Disciplines
摘要：This report looks at changes in poverty and inequality in London during the 2000s, with a focus on the impact of recession from 2008. It also considers how a decade has changed the geography of poverty in the Capital. The economy and labour market in London proved more resilient to theonset of recession than in other English regions. However, Inner Londonfared better than Outer London. Full-time employment fell by less across London than elsewhere in thecountry and there was a smaller rise in unemployment. An increase inpart-time working, particularly among men, supports a view that fewerfull-time jobs often led to under-employment, rather than unemployment. Employment levels among some population sub-groups, including youngpeople and Black/Black British people, were lower in London than otherregions before the recession, but had converged by 2010. Qualification levels among working-age adults were higher in Londonbefore the economic crisis than elsewhere and continued to improvemore rapidly during the recession. While London coped well with some economic pressures, inequalities inearnings and incomes increased between 2006/8 and 2010. Those livingon the lowest incomes were hit hardest, seeing their incomes afterhousing costs fall by 24 per cent in real terms compared with 3.5 per centnationally. Wealth inequalities also widened faster in London than in other regions.The wealthiest Londoners increased their financial, physical and propertywealth by 8 per cent between 2006/8 and 2010. This compared with 0.4per cent among their counterparts elsewhere. Poverty became less concentrated in Inner London and began to spreadoutwards. This was partly due to population change and ‘gentrification’ inInner London, but also because the recession appeared to hit OuterLondon harder. While positive in some respects, these findings show that the Capital’s economic success and resilience in recession have not translated into lower poverty or reduced inequality. The implications of Inner London’s changing population and increasing poverty in Outer London for housing, public services, and communities will need to be further explored and understood.
