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Economic Research Council

Britain's Oldest Economic Think Tank

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Founded as Britain's oldest economics-focused think tank, the Economic Research Council is committed to enhancing economic understanding and fostering inclusive debate. Through innovative events, research, and digital outreach, we strive to make economic knowledge accessible to everyone, supporting informed dialogue and pluralistic ideas. Join us in shaping a society enriched by diverse economic insights and active civic participation.

Chart of the Week: Week 29, 2018: Historical UK Unemployment & Vacancies vs Migration

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Following the recession, unemployment increased to its highest level since 1995 at 8.4% of the workforce in 2011 Q4. It has since recovered, halving to its current rate of 4.2%, (898,700 persons) , its lowest since 1975. Recent trends in job vacancies and unemployment are…