A couple of interesting/encouraging stats from @ONS today. Firstly, youth employment has held up strongly during the pandemic - a huge relief given what a concern it was. A rise in economic inactivity to keep an eye on but generally positive...
Second, despite large no of vacancies only 14% of firms are reporting staff shortages - maybe because a lot of job swapping going on? However shortages are more acute in food/hospitality and care sectors
In less good news, confirmation of how the economy was hit in Q1 by second lockdown - in fact it's surprising the hit wasn't greater...
And finally (and ironically given the small boats crisis) the govt did actually finally hit the Cameron target to get net migration down to the tens of thousands. It just took a global shutdown to do it...

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More from @rcolvile

24 Nov
Appointing @johndavidblake is extremely good news - as is the new focus announced by @michelledonelan today on degree apprenticeships and proceed rates, echoing recent @CPSThinkTank research (1/?)
We argued that we need to make sure pupils get on to good jobs from university rather than just getting in - the 'proceed rates' on some courses are indefensible. (See chart.)
Also clear that ethnic minority and working-class students are more likely to end up on worse courses (dark blue bar is % at Russell Group or similar) - and that returns from degree apprenticeships/best technical education can be v v high
Read 7 tweets
23 Nov
Today would have been my wife's birthday, which made it all more surprising/utterly unexpected for this to happen last night during what I thought would be a speech to @CPSThinkTank about free trade (and, as it turned out, Peppa Pig as an exemplar thereof) (1/?)
Any praise should go to @MedResFdn and the vitally necessary, world-class research they support - which you can donate to here. But I also want to talk about @PointsofLight, which I had no idea about justgiving.com/fundraising/an…
This daily award was started by George HW Bush, and brought to the UK by @David_Cameron. As @BorisJohnson says, every day the PM awards this prize (and sends a letter) to someone who has done good work in their community. They're now up to 1,795.
Read 4 tweets
22 Nov
There’s still time to join us at the Guildhall for #mtc21 but if you can’t make it you can watch on YouTube across the day, starting with @annietrev’s opening keynote on Britain’s new trade strategy. I’ll be tweeting the highlights…
.@annietrev pays tribute to Thatcher’s optimism, dynamism and clarity of purpose in liberalising trade - and says we need to set out how we will do the same Image
Citing her previous job in energy, argues that green innovation can deliver £170bn in exports by 2030
Read 14 tweets
21 Nov
This may be the least popular argument you can make on Twitter, but as I argue in my @thesundaytimes column, we need to wean ourselves off the culture of catastrophe (1/?) thetimes.co.uk/article/ill-pr…
.@_HannahRitchie recently wrote an excellent piece pointing out that 50%+ of young people agree that 'the world is doomed' due to climate change - a conviction shared by approx 0% of serious scientists.
On sleaze/corruption, I've been pelted here for suggesting the Tories aren't irredeemably corrupt. But on second jobs, the numbers involved are far smaller than expenses - even if you assume that absolutely none of these jobs are legitimate, which is clearly nonsense.
Read 7 tweets
18 Nov
What gives life meaning? Everyone says 'family'. The British are almost the only ones to add 'hobbies'... pewresearch.org/global/2021/11… Image
On the family, I wrote this for @thesundaytimes about how it's a weirdly neglected political topic. More evidence for the prosecution thetimes.co.uk/article/we-nee…
Generally though we do seem like a bunch of softies. 'Occupation' further down, 'material well-being' not in the top five. We're also among those really keen on nature... Image
Read 4 tweets
16 Nov
On Monday, @CPSThinkTank hosts the Margaret Thatcher Conference on Trade at the Guildhall, with @cityoflondon, @HSBC & @Telegraph. The cast list is so impressive, and the case for booking a ticket so overwhelming, it needs an honest-to-god thread. (1/?) tickettailor.com/events/cpseven…
First up: Lord Spencer, @City_McGuinness, Ian Stuart of @HSBC_UK.

Next: Keynote from Trade Secretary @annietrev.

Then: @alanwwolff, until recently deputy DG of @wto
First panel: Lord Mandelson, Crawford Falconer, Susan Schwab, @ShankerASingham, Creon Butler. Such a concentration of trade expertise the stage may implode.

Next: @AusHCUK, @stephaniebeck19, @bouverat, @AnthonyMangnal1, Lord Strathclyde.
Read 5 tweets

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