The ERC is calling for a renewed focus on economic literacy in secondary education to better prepare students for life, work, and further study
Chart of the Week
The majority, if not all students have felt a significant impact on their learning since the start of the pandemic. What has been less clear, however, is the magnitude of this impact. The chart sheds some light on those that have been hit the hardest.
On the state of UK Business Closures
13.5% of all UK businesses have temporarily closed or paused trading, during the lockdown, with 86.4% of workers in these businesses on furlough.
UK Regions: Percentage of Degree-Educated Population vs GVA Growth
To varying extents, London has led the UK’s economic growth since the 1990s as a product of financial deregulation which not only boosted GVA but also served to attract more degree-educated …
Taxes and Attitudes
Participation in society, crime, tax evasion, and general ‘social cohesiveness’ can reveal much about social preferences when it comes to tax rates and government programs such as wealth redistribution. …
UK 18 Year Olds: Employment, Unemployment and Inactivity
Following the economic downturn, workers aged 18 did not experience the rise in unemployment that their older counterparts. This may be due to the relatively lower cost of employing 18 year old workers to minimum wage positions …