Thursday, July 20
Other people’s children
It’s a common fallacy that – at least in economic terms – millennials will fare worse than their parents. Social mobility has stalled, they say. What is more surprising, however, is that – given how much money we’ve pumped into education (spending per pupil is double that of the mid-90s) – the literacy and numeracy skills of 16-24 year olds are amongst the worst in the developed world, and pretty much where they were 25 years ago. Contrary to popular belief, the younger generation are no more literate or numerate than the generation now approaching retirement, that much maligned (non-graduate) UKIP-voting Brexit generation. Is it any wonder industry and commerce want to keep the post-Brexit doors open.