"who is affected most by these trends? Confounding early predictions of a 'white collar recession', the statistics show that it is the same people who were hit by previous recessions who are most exposed this time round – the 14.3 million low-paid, low-skilled workers"
There's a surprise.
Keep people in work.
Support the low paid through the direct taxation system to save on admin and the costs of admin.
Government subsidised internships.
Even the smallest bit of compassion in the benefits system.
More equality of income and wealth.
Possible solutions from the article:
"As well as measures to improve responsible lending, more low-cost, out-of-court remedies, like the Debt Relief Orders are also needed to support those people in unsustainable debt or for whom repossession is the only remaining option.
Safety nets are vital, but work is nearly always the best route to maintaining economic independence for any household. This is particularly true for low earners, who are more dependent on their earned income than other groups due to their lack of savings and their lack of eligibility for many means-tested benefits. Expanding the eligibility criteria for working tax credit to include training as well as paid employment,would make it easier for people to access training while in work thereby insulating them against the risk of redundancy.
For those people who do lose their jobs, the focus must be on maintaining their proximity to the labour market and it is this measure that should be used to evaluate the effectiveness of government schemes such as the Future Jobs Fund and the Work for Your Benefit pilots. Enhancing the existing 'light touch' skills assessment that takes place at 13 weeks after someone has lost their job, and defining 'sustainable' employment as 12 months rather than 13 weeks could also make a real difference to low earners who find themselves out of work."