"To be and to feel economically secure is to live with dignity,
to be able to seize opportunities and to have a sense of hope
for the future. That requires sufficient and predictable resources,
of income and wealth, in relation to the costs and burdens of life.
But it also rests on secure work and a secure home, on education,
on good health, and on support and time for caring. It is sustained
by relationships of family, friends and community." — Graeme Cooke,
Director of Insight and Policy, JRF.
This is the Economic Insecurity spotlight page for Oldham.
Proportion of the population living in fuel poverty
Poverty index
This map shows the result of creating a poverty index for economic insecurity
by combining a number of leading indicators of poverty into a single number in the range 0 to 1.
A score closer to 0 means that the model is suggesting lower levels of economic insecurity in this area.
In the context of this model, a value closer to 1 indicates that a given place tends to rank higher relative to other places in metrics that
we have identified as contributing to economic insecurity. This does not necessarily mean that you are more likely to experience poverty in those
places, however.
How we calculate the index
The highest and lowest values will score 1 and 0, respectively, and everything else will fall
somewhere in between.
We create an average index across 6 metrics
economic inactivity
unemployment
mean weekly wage
median weekly wage
claimants as a proportion of residents aged 16-64
proportion of households that are fuel poor
This is a proof of concept. You can see the code and read more about the logic to create these stats here.
Key indicators
The following analysis reflects the experience across the population of Oldham.
This chart shows the percentage of households in fuel poverty across the different
areas in Oldham.
In Oldham 15261
of 95175 households are in fuel poverty.
Percentage of people in low income households by their savings and investments
What's on this chart?
This chart shows the poverty rates by the savings and investments of adults in the family in Oldham.
The threshold for low income poverty is households below 60% of median net household
income (after housing costs) in latest prices.
Percentage of jobs below living wage by gender and hours
What's on this chart?
This chart shows the percentage of jobs that are paid below living wage in Oldham.
Percentages can add to more than 100 as "All sexes" includes those already counted in "Men" and "Women".
This chart shows the gender pay gap as a percentage differenece in Oldham.
Gender pay gap (GPG) is calculated as the difference between average hourly earnings
(excluding overtime) of men and women as a proportion of average hourly earnings
(excluding overtime) of men. For example, a 4% GPG denotes that women earn 4% less, on
average, than men. Conversely, a -4% GPG denotes that women earn 4% more, on average, than men.
This chart shows the poverty rates by ethnic group in Oldham.
The threshold for low income poverty is households below 60% of median net household income (after housing costs) in latest prices.
These statistics have been three-year averaged and rounded according to the guidance on
statXplore.
This method helps smooth erratic series and so give more robust estimates as the FRS sample size
and coverage issues mean that single year results broken down below the level of UK region are
unlikely to be reliable.
This chart shows the poverty rates by marital/cohabiting status in Oldham.
The threshold for low income poverty is households below 60% of median net household income (after housing costs) in latest prices.
These statistics have been three-year averaged and rounded according to the guidance on
statXplore.