London Stalling: half a century of living standards in London

Document type
Report
Author(s)
Clarke, Stephen
Publisher
Resolution Foundation
Date of publication
27 June 2018
Subject(s)
Housing and Homelessness, Poverty Alleviation Welfare Benefits and Financial Inclusion, Employment, Older Adults
Collection
Social welfare
Material type
Reports

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This report provides a comprehensive assessment of London’s living standards. It includes an assessment of its economy, job market, earnings, household income and wealth.

Key findings:

  • Between 2000 and 2010 productivity in London grew 25 per cent fast than in the rest of the UK. Since 2010 London’s productivity growth has lagged behind the rest of the country.
  • London’s employment rate is now almost 5 percentage points higher than its previous peak and is just below that of the UK (75.2 per cent compared to 75.6 per cent).
  • Since 2009 London’s labour force has expanded by 19 per cent and international migrants have accounted for almost all of this. People born in the UK have accounted for almost none of the net increase in the capital’s labour force since 1994.

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