Nye Cominetti
nyecominetti.bsky.social
Nye Cominetti
@nyecominetti.bsky.social
At Resolution Foundation covering labour market, low pay, living wage.
Glad Govt have made this change. 2 yrs to 6 months is still a HUGE improvement (6m workers will benefit). But this strikes a better balance btw protecting workers and encouraging hiring. It's how most rich countries operate

Argued in favour of this here
www.resolutionfoundation.org/publications...
November 27, 2025 at 5:26 PM
Most important fiscal transfer news of the week: RF are losing @adamcorlett.bsky.social to DWP for a year. Wish him well but also:
a man in a suit and tie is standing in front of a wall with framed pictures on it
ALT: a man in a suit and tie is standing in front of a wall with framed pictures on it
media.tenor.com
November 27, 2025 at 5:18 PM
March will be odd - OBR will publish a forecast but won't assess fiscal rules. Leaving RF / IFS / others to calculate A - B? We can be blunter than the OBR about the various fictions/risks, so probably good there's more headroom ..
November 27, 2025 at 2:37 PM
Net migration is back at normal levels. ~200k in the year to June 25.

And that's without the additional rule changes Labour have already brought in (which are reducing visa numbers but not yet in this data) or plan to bring in.
ukandeu.ac.uk/the-coming-c...

Widely predicted but still striking.
November 27, 2025 at 9:58 AM
Was going to post something about how that Economist article surely overstated the 'revolution' on the evidence re minimum wage effects but Andrea does the job very well here
Here is a handy summary of the literature on the various margins from the latest Handbook of Labor Economics by @arindube.bsky.social & Attila Lindner for reference:
November 26, 2025 at 9:53 PM
Reposted by Nye Cominetti
Even after the mansion tax is applied, the owner of a £5m home in Westminster will pay proportionately less in property tax than the owner of a £210k Band B property in Sunderland.
November 26, 2025 at 6:40 PM
Reposted by Nye Cominetti
ICYMI given today's focus on the budget: the UK government has today also published a working paper on options for reform of non-compete agreements.

Responses to the specific options set out therein (statutory limits, size cutoffs and an outright ban), can be submitted until 18 February.

1/2
Working paper on options for reform of non-compete clauses in employment contracts
www.gov.uk
November 26, 2025 at 6:34 PM
It also surely doesn't 'incentivise' having children. Child-related benefits don't cover all the costs of having children!
Matt: we need measures to improve fertility - it's one of our biggest problems!

Also Matt: No not like that. I meant white people only.
Reflections on the budget from the head of Students4Reform
November 26, 2025 at 4:49 PM
Feeling very sorry for everyone at OBR. What a miserable thing to happen after months of work
November 26, 2025 at 12:06 PM
Take a budget break and enjoy one of my favourite ever photos: of my twined aunt and uncle. (Wales ~1960).
November 26, 2025 at 11:07 AM
Reposted by Nye Cominetti
The 2026 minimum wage rates have been announced:

NLW: £12.21➡️£12.71. (+4.1%)

18-20-yo rate: £10➡️£10.85. (+8.5%)

16-17-yo rate: £7.55➡️£8.00. (+6%)

Some context & thoughts on those uprating decisions:
November 25, 2025 at 10:29 PM
The 2026 minimum wage rates have been announced:

NLW: £12.21➡️£12.71. (+4.1%)

18-20-yo rate: £10➡️£10.85. (+8.5%)

16-17-yo rate: £7.55➡️£8.00. (+6%)

Some context & thoughts on those uprating decisions:
November 25, 2025 at 10:29 PM
RF are pro MW, but we agree it's 2nd order to benefits in tackling poverty. Big fight with Osborne over that re tax credit cuts in 2015.

One example: a 2-earner 3-kid family on MW wld have been *worse* off in 2024 than 2014 despite real earnings up 27% www.resolutionfoundation.org/publications...
November 25, 2025 at 1:45 PM
RIP Jimmy Cliff ! Pretty cool putting one of the all time great ballads on a reggae album
November 24, 2025 at 4:17 PM
This is a very Patrick Nice from the fast show. He even looks like him

www.theguardian.com/lifeandstyle...
November 21, 2025 at 9:52 AM
Even putting aside the problem of accompanying devolution with cuts, the arguments in favour of devolved CTB don't seem very strong. It's not really a mirror to council tax being devolved - councils choose the level of CT but have very little choice about the structure.
🚨 New analysis published today 🚨

Council Tax support has been massively localised. The subsequent mess reveals the perils of hiding spending cuts under cover of localisation.

@alexclegg.bsky.social explains ⤵️ buff.ly/oPhDMwI
November 20, 2025 at 9:39 AM
Took my almost-2-year-old son to watch the women's north London derby yesterday. Nil-nil wasn't the result we wanted but pleased to make it to 70 minutes (via a croissant, chips, a banana and an animal book).
November 17, 2025 at 9:23 AM
Agree shouldn't assume that statically regressive policy = bad. Can justify if strong case for positive dynamic effects.

But these critiques often over claim in the other direction, that statically regressive = good dynamically. Need to argue for that.
www.thetimes.com/comment/colu...
Meet the elite think tank responsible for Britain’s decline
The Resolution Foundation wants to make life better for the poorest in society but its noble aims result in policy that stifles growth and penalises the rich
www.thetimes.com
November 14, 2025 at 1:47 PM
Apparently we won some think tank awards last night for our stats and our puns. Sounds about right
November 13, 2025 at 10:20 AM
Reposted by Nye Cominetti
Today’s labour market statistics show that the labour market is weakening on multiple fronts, with unemployment reaching 5 per cent for the first time in almost a decade (pandemic period aside).

Here’s our @resolutionfoundation.org thread, from @nyecominetti.bsky.social and me.
November 11, 2025 at 9:07 AM
A surprisingly bad set of labour market stats this morning. The story I was prepared for was "some weakening, but the shake out from the early part of the year is behind us". But it's worse than that - payroll jobs falling again, unemployment now up at 5%.

Here is our PN
November 11, 2025 at 7:55 AM
From last week. Climbing is fun! (This isn't a hard route but was hard for me)
November 10, 2025 at 9:18 PM
Had "Employment stats in the morning" going round my head to the tune of "You're getting sacked in the morning" all the way down Victoria embankment
November 10, 2025 at 9:15 AM
Asked a guy on the bus to turn off his phone noise and he... did! Society is not lost
November 8, 2025 at 6:48 PM