- GDP per capita is still lower
than it was before the recession - Earnings and household
incomes are far lower in real terms
than they were in 2010 - Five million
people earn less
than the Living Wage - George Osborne has failed to balance the Budget by 2015, meaning 40 % of the work must be done in the
next parliament - Absolute poverty increased by 300,000 between 2010/11 and 2012/13 - Almost two - thirds of poor children fail to achieve the basics of five GCSEs including English and maths - Children eligible for free school meals remain far less likely to be school - ready
than their peers - Childcare affordability and availability means many parents struggle to return to work - Poor children are less likely to be taught by the best teachers - The education system is currently going through widespread reform and the full effects will not be seen for some time - Long - term youth unemployment of over 12 months is nearly double pre-recession levels at around 200,000 - Pay of young
people took a severe hit over the recession and is yet to recover - The number of students from state schools and disadvantaged backgrounds going to Russell Group universities has flatlined for a decade
Payday loans are short - term loans — usually no more
than two weeks — meant to help
people cover sudden and unexpected costs, such as an urgent car or home repair until they
next receive
income.