George Osborne: School Leavers In The UK “No Brighter Than Retirees”


According to a new study, Britons who are leaving school or university in the UK are no brighter than people on the verge of retirement.

A global league table now revealed that those school leavers between the ages of 18 and 24 in every other nation score higher in literacy and maths as compared to those who left school 50 years previously.

The U.K.’s Chancellor George Osborne is speaking of what he calls an ‘unacceptable skills gap’ in the United Kingdom.

Those news come on the background of a still flat remaining productivity in the UK despite the recent economic growth.

As a result, more people than ever are working today in the United Kingdom, yet they are producing less economic output.

The new numbers suggest that there is a relationship between high skill levels and strong productivity.

In any other country but the United Kingdom, each new generation leaving school has better skills than the previous generation.

Nations where school leavers have higher skills in literacy and maths are better equipped for high skilled jobs in fields such as IT and technology.

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