5.3.1.3: Income & work

Last modified by Hyunji Cho on 2022/02/02 13:35

5.3.1.3: Income & work

Social challenge/ impact linked to:
Social / Economic
Level of importance

 

1 - High Importance / must have

Description

Monetary  income  is  vital  in  a  developed  market  economy  where  access  to  various  aspects  of life  is  largely  determined  by  financial  resources  (either  directly  or  indirectly).  This  was  clearly identified  as  fundamental  in  the  Oxfam  workshop,  as  well  as  through  secondary  sources  and discussions  with  stakeholders. 

As  well  as  providing  some  level  of  income,  there  is  significant  evidence  that  work  is  central  to people’s  physical,  emotional  and  mental  health,  and  should  therefore  be  included  in  the Doughnut  model.  The  quality  of  work  –  not  just  its  remuneration  –  impacts  on  people’s  ability  to maintain  good  mental  health  and  to  engage  in  non-work  activities  in  the  community  and  with family.  This  is  made  clear  in  the  Humankind  Index,  which  identified  satisfying,  secure  and suitable  work  that  pays  an  adequate  income  as  central.

Scale as linked to D2.2 framework

 

  • City
  • Neighborhood 
Data source and input type
  • self-reported  satisfaction  levels (UK example: from UK  Household  Longitudinal  Survey  and d  the  Workplace  Employment  Relations  Study
Connection with SDGs

 

  • Goal 1: No poverty
  • Goal 2: Zero hunger
  • Goal 8: Decent work and economic growth
  • Goal 5: Gender equality
  • Goal 10: Reduced inequalities
Required Data

Work

  • percent  of  employed  people  in  the  UK  are  somewhat,  mostly  or  completely  dissatisfied with  their  work
  • unemployment

Income

  • Households income
  • Households composition (e.g. lone parents, gender of lone parents)
Expected Outputs

Work

  • Percentage  lacking  satisfying  work 

Income

  • MIS, HBAI, AHC
  • Gender inequality through the lone parent household income and gender of lone parents
Calculation methods

Work

  • Economically  active population :  (employed  +  unemployed  but  seeking  work)  
  • Percentage  lacking  satisfying  work: (number from official survey / economically active population)*100

Income

  • a  relative  measure  set  at  60 percent  below  the  median  household  income,   calculated  after  housing costs  have  been  deducted  to  allow  for  a  truer  assessment  of  disposable  income  (HBAI,   AHC)
  • the  Minimum  Income  Standard  (MIS)
  •  
Level of expertise required
  •  
Links and references
  •   the Joseph  Rowntree  Foundation  (JRF)  and  the  Centre  for  Research  in  Social  Policy  at Loughborough  University

Revisions

VersionNameDateChanges made
0.1  Factsheet created