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

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Intergenerational Commission

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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Top Of The Charts: Let’s Get Digging…

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Sign up for our weekly Top of the Charts emails here  Afternoon all, I know it’s tough. Not only is a global trade war heating up, but it’s been pissing down all week. But it’s definitely time to perk up. We’re winning in Europe, football-wise at least. To an almost socially awkward degree. We’ve got a ROYAL … Continued

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Top of the Charts: Top tips to be the next Guvnor

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Public Finances and the Economy

Sign up for our weekly Top of the Charts emails here    Afternoon all, Refreshed from your Easter break? Want a new challenge? How about stewarding the UK economy as the Bank of England’s next Governor. You’ll probably get to steer us through Brexit, and more definitely through the next recession (see this week’s Chart of … Continued

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The word on the high street

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Jobs, Skills and Pay

The way we shop in the UK has changed dramatically in just the space of a decade. In 2008 less than five per cent of retail spending was online, and that share has almost quadrupled in the years since. The latest statistics published just this morning show that in March this year almost a fifth … Continued

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Real wage growth has finally returned to pre-referendum levels

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Jobs, Skills and Pay

Today’s labour market stats has bought good news in terms of both jobs and pay. Employment remains at a record high and unemployment at a 40 year low. But what really stands out in today’s figures is real wage growth. This has finally returned to pre-referendum levels providing a long awaited boost to real earnings … Continued

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