UK Study: Graduates Boost Economic Growth

New NIESR research published today by the Department for Business Innovation and Skills highlights the importance of graduate skills to the UK economy.  Looking across developed economies, we found that – as both economic theory and common sense would predict – countries which increased their share of graduates in the workforce saw labour productivity grow faster.  For the UK, we estimate that roughly one-third of the increase in labour productivity between 1994 and 2005 can be attributed to the accumulation of graduate skills in the labour force.   In other words, a substantial share of the UK’s economic growth over this period was driven by the expansion of higher education and the resulting increase in the proportion of workers who have a graduate-level qualification.  Read full post by David Wilkinson here:
http://niesr.ac.uk/blog/graduates-boost-productivity

Jobs: Junior Broker for Alternative Investments, London

Job Description: Highly energentic sales people required – for an established and reputable Alternative Asset Management firm based in London is seeking to expand its highly successful sales floor.

As a broker your role will entail: Discussing investment opportunities. Identifying clients with investible funds and discuss current holdings and investments. Junior Brokers will refer warm leads to Senior Brokers to close business. Senior Brokers will receive warm leads to close. Continue reading

Youth Unemployment in London, UK

Youth unemployment in London, UK is at a very high level, not seen in last 25 years. Here are some stats: 1 in 4 youth (25 percent) aged between 16 to 24 is unemployed (total 120,000 people), nearly triple the average London unemployment rate of 8.9 per cent. Together with Yorkshire, London at 25 per cent, has the worst youth unemployment rate in the UK, according to figures released by the Office for National Statistics. There is no doubt that these youth are bearing the brunt of the economic crisis unleashed by massive de-leveraging in the financial world since year 2008. It has been 5 years of reducing economic activity, and the signs of economic growth are not yet visible. The unemployment in London is highest among London’s black and Asian youth, and problem is worst in the Olympic boroughs of Tower Hamlets and Newham, which have among the highest number of young people claiming Jobseeker’s Allowance in London. Continue reading