Economically inactive

Last updated

Economically inactive refers to people outside the workforce who are unemployed, but not looking for work. [1]

Contents

United Kingdom

In 2024, in the UK, approximately one-fifth of the workforce is considered economically inactive. [2] About 30% of economically inactive people have a long-term illness. [3]

The large number of economically inactive people has led to calls for work reform. [4]

See also

Related Research Articles

<span class="mw-page-title-main">Economy of Malta</span>

The economy of Malta is a highly industrialised service-based economy. It is classified as an advanced economy by the International Monetary Fund and is considered a high-income country by the World Bank and an innovation-driven economy by the World Economic Forum. It is a member of the European Union and of the eurozone, having formally adopted the euro on 1 January 2008.

<span class="mw-page-title-main">Unemployment</span> People without work and actively seeking work

Unemployment, according to the OECD, is people above a specified age not being in paid employment or self-employment but currently available for work during the reference period.

Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood.

<span class="mw-page-title-main">Parable of the broken window</span> Parable by French economist Frédéric Bastiat

The parable of the broken window was introduced by French economist Frédéric Bastiat in his 1850 essay "That Which Is Seen, and That Which Is Not Seen" to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society.

The "disadvantaged" is a generic term for individuals or groups of people who:

<span class="mw-page-title-main">Dependency ratio</span> Age-population ratio of those in the labor force to those not in the labor force

The dependency ratio is an age-population ratio of those typically not in the labor force and those typically in the labor force. It is used to measure the pressure on the productive population.

Population decline, also known as depopulation, is a reduction in a human population size. Throughout history, Earth's total human population has continued to grow; however, current projections suggest that this long-term trend of steady population growth may be coming to an end.

<span class="mw-page-title-main">Shona Robison</span> Scottish politician (born 1966)

Shona McRory Robison is a Scottish politician who has served as Cabinet Secretary for Finance and Local Government since 2023. A member of the Scottish National Party (SNP), she previously served as Deputy First Minister of Scotland from 2023 to 2024. Robison has been the Member of the Scottish Parliament (MSP) for Dundee City East since 2003 and was an additional member for the North East Scotland region from 1999 to 2003.

<span class="mw-page-title-main">Economy of Northern Ireland</span>

The economy of Northern Ireland is the smallest of the four constituents of the United Kingdom and the smaller of the two jurisdictions on the island of Ireland. At the time of the Partition of Ireland in 1922, and for a period afterwards, Northern Ireland had a predominantly industrial economy, most notably in shipbuilding, rope manufacture and textiles, but most heavy industry has since been replaced by services. Northern Ireland's economy has strong links to the economies of the Republic of Ireland and Great Britain.

The Health and Social Care Select Committee is a Departmental Select Committee of the British House of Commons, the lower house of the United Kingdom Parliament. Its remit is to examine the policy, administration and expenditure of the Department of Health and Social Care (DHSC) and its associated agencies and public bodies. The Clerks of the Committee are Previn Desai and Joanna Dodd.

<span class="mw-page-title-main">Carol Black (rheumatologist)</span> British physician (born 1939)

Dame Carol Mary Black is a British physician, academic, specialising in rheumatology. She was President of the Royal College of Physicians from 2002 to 2006, advised the British Government on the relationship between work and health from 2006 to 2016, and was Principal of Newnham College, Cambridge, from 2012 to 2019. She is an expert on the disease scleroderma.

<span class="mw-page-title-main">Mogues</span> Commune in Grand Est, France

Mogues is a commune in the Ardennes department in northern France.

<span class="mw-page-title-main">National Health Service</span> Publicly-funded healthcare systems in the United Kingdom

The National Health Service (NHS) is the umbrella term for the publicly funded healthcare systems of the United Kingdom, comprising the NHS in England, NHS Scotland and NHS Wales. Health and Social Care in Northern Ireland was created separately and is often locally referred to as "the NHS". The original three systems were established in 1948 as part of major social reforms following the Second World War. The founding principles were that services should be comprehensive, universal and free at the point of delivery—a health service based on clinical need, not ability to pay. Each service provides a comprehensive range of health services, provided without charge for people ordinarily resident in the United Kingdom apart from dental treatment and optical care. In England, NHS patients have to pay prescription charges; some, such as those aged over 60, or those on certain state benefits, are exempt.

<span class="mw-page-title-main">Lost Decades</span> Period of economic stagnation in Japan

The Lost Decades are a lengthy period of economic stagnation in Japan precipitated by the asset price bubble's collapse beginning in 1990. The singular term Lost Decade originally referred to the 1990s, but the 2000s and the 2010s have been included by commentators as the phenomenon continued.

In England, social care is defined as the provision of social work, personal care, protection or social support services to children or adults in need or at risk, or adults with needs arising from illness, disability, old age or poverty. The main legal definitions flow from the National Health Service and Community Care Act 1990, with other provisions covering disability and responsibilities to informal carers. That provision may have one or more of the following aims: to protect people who use care services from abuse or neglect, to prevent deterioration of or promote physical or mental health, to promote independence and social inclusion, to improve opportunities and life chances, to strengthen families and to protect human rights in relation to people's social needs.

<span class="mw-page-title-main">Monotown</span> Town economically cetered around a single industry

A monotown is a city/town whose economy is dominated by a single industry or company. This means that most employment is by the main company.

<span class="mw-page-title-main">Unemployment in the United Kingdom</span> Overview of unemployment in the United Kingdom

Unemployment in the United Kingdom is measured by the Office for National Statistics. As of February 2024, the U.K. unemployment rate is 3.8%, down from 3.9% in January.

<span class="mw-page-title-main">Unemployment in Spain</span> Overview of unemployment in Spain

Unemployment rates in Spain vary across different regions of the country, but they tend to be higher when compared to other Western European countries.

<span class="mw-page-title-main">Gig worker</span> Independent on-demand temporary workers

Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers, and temporary workers. Gig workers enter into formal agreements with on-demand companies to provide services to the company's clients.

References

  1. "What does an increase in 'economically inactive' people do to the economy? | BBC News". BBC . 15 March 2024. Retrieved 30 July 2024.
  2. Khan, Mehreen (30 July 2024). "Nearly a quarter of working-age adults 'economically inactive', says ONS". www.thetimes.com. Retrieved 30 July 2024.
  3. Ruparel, Raoul; South, Nick; Horner, Ben; Sutherland, Stephen; Lim, Hong Sheng; Gorshkov, lia; Fox, Helena; Brunner, Annabel; Bosch, Ilse; Devereux, Jonathan (17 June 2024). "Improving our Nation's Health: A Whole-of-Government Approach to Tackling the Causes of Long-Term Sickness and Economic Inactivity". BCG Global. Retrieved 30 July 2024.
  4. Simons, Graham (24 July 2024). "Government to introduce work, health and skills plans for economically inactive". Health & Protection. Retrieved 30 July 2024.