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Without a second wave, employment in the United Kingdom is projected to fall by 4.6% in 2020 and grow by only 2.1% in 2021. Consequently, unemployment in the United Kingdom is projected to reach record highs of up to 11.7% by the end of 2020 (Q4) and only fall back to 7.2% in 2021. This contrasts with the record low of 3.8% experienced in 2019 (Q4).
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This note provides a comprehensive overview of the extent to which laws in the United Kingdom and OECD countries ensure equal treatment of LGBTI people, and of the complementary policies that could help foster LGBTI inclusion.
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This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.
The global trade in fake goods, from cosmetics to car parts, is costing the UK economy billions of dollars a year in forgone company sales, overpriced products and tax revenues, and was behind more than 86,000 lost jobs in 2016, according to a new OECD report.
Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.
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The United Kingdom spends almost 10% of its GDP on health, about one percentage point higher than the OECD average. This is projected to reach 11.4% by 2030. This level of spending buys strong access to health care, with low levels of inequality, though long-term care services are less accessible. Quality of care indicators are typically close to the OECD average. Health outcomes are fairly good.
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The United Kingdom has one of the highest rates of obesity: nearly one in three adults are obese. As a result, people in the United Kingdom live on average 2.7 years less due to overweight. Overweight accounts for 8.4% of health expenditure; and lowers labour market outputs by the equivalent of 944 thousand full time workers per year. Combined, this means that overweight reduces United Kingdom’s GDP by 3.4%.
Mr. Angel Gurría, Secretary-General of the OECD, will be in London on 8-9 September 2019 where he will deliver a Keynote Speech at the Opening of the Annual International Fiscal Association Congress.