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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).
English, PDF, 384kb
The tax wedge for the average single worker in the United Kingdom remained the same at 30.9 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1).
English, PDF, 1,266kb
This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.