It’s getting better all the time?

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Intergenerational Centre

In 1957 the Prime Minister Harold Macmillan told the country that it had “never had it so good”. Since then more than six decades have elapsed, and each successive generation has debated whether this applies to them. Such debates continue to rage. Some commentators have argued that today’s young people are more fortunate than previous … Continued

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Coming of age during a downturn can cause scarring – and it takes up to a decade to heal

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Intergenerational Centre

Recessions are bad for people’s standard of living. And they’re particularly bad for young people. That’s the painful lesson we learnt after the 1980s recession where, for most of that decade, at least one in seven people under 30 were unemployed. We know a lot about the unemployment scarring of the 1980s – from the … Continued

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To build, or not to build: that is the question

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Housing, Wealth and Debt

They say a week is a long time in politics (at the moment a day can feel like a long time). The same isn’t often true about economics. Arguably the most important forces in economics are long-running; demographics, big infrastructure projects, technological change. Things that don’t happen overnight. Therefore this blog – the latest in … Continued

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Tight labour market breaks new ground on jobs

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Jobs, Skills and Pay

The UK labour market continues to confound. It seemed as though the seven year spurt in employment that began in late 2012 had come to an end in 2018. The number of people in work barely increased in the summer of last year and even fell in the three months to August. However, unlike many … Continued

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Migratory patterns in Britain’s labour market

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Jobs, Skills and Pay

More records tumbled in the UK labour market this summer. On jobs, we had good news on quantity and quality as the people in full-time employment reached a record high of nearly 24 million. And this record high is all the more striking as it came alongside a record fall in the number of EU … Continued

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