Success of the London Living Wage

Meeting: 
MQT on 2015-11-18
Session date: 
November 18, 2015
Reference: 
2015/3655
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

Despite your efforts to push take up of the London Living Wage, figures from the ONS show that the proportion of jobs paid less than the living wage in London actually rose to 19% in April 2014. Does this not show that you are still failing to tackle the persistent problem of low wages?

Answer

Answer for Success of the London Living Wage

Answer for Success of the London Living Wage

Answered By: 
The Mayor

The rise in the proportion of employee jobs earning below the LLW is partly a consequence of the LLW rising faster than both CPI inflation and average weekly earnings.  London is leading the way in jobs growth - accounting for a fifth of the increase in the number of jobs in the UK during the past year to reach a record high of over 5.65 million jobs in the second quarter of 2015. Unemployment has fallen strongly between 2008 and 2014.

There are now 735 accredited Living Wage Employers in London, an increase of more than 300 additional employers signing up over the past year. This figure is far in excess my manifesto target of 250.

The Living Wage Foundation has calculated that accredited Living Wage employers have now provided over 30,000 workers in London with the benefits of the London Living Wage since 2011. These workers have been receiving above average pay increases, increases which are faster than the rate of inflation.