The monthly ONS employment figures published this week showed the number of self-employed continuing its gentle decline from last summer’s peak. The improved employment situation and rising wages are probably tempting people back into employee jobs.
A couple of reports were published earlier this month containing more evidence of the collapse in self-employed earnings. The Resolution Foundation’s Low Pay Britain 2015 report found that over half the full-time self-employed are earning below two-thirds of median weekly earnings. The self-employed are way more likely to be among the low paid than those in employment.
The findings in New Policy Institute’s report Who are the self-employed? were just as grim. Since the recession, self-employed median income has fallen below the 25th percentile income for employees.
The NPI also found that most of the increase in self-employment over the past decade has been among those without any income from other sources.
As Michael pointed out earthier this…
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Utopia, you are standing in it! 
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