📝 ft.com/jbm
Social media enveloping traditional media means everything and everyone is now competing in the entertainment market. Boring stuff like policy that affects millions of lives doesn’t stand a chance.
Social media enveloping traditional media means everything and everyone is now competing in the entertainment market. Boring stuff like policy that affects millions of lives doesn’t stand a chance.
NEETs include stay-at-home parents & jobseekers.
Strip those out to focus on people not working, not seeking work, not in education & not parenting: this group of economically & socially dislocated young adults has *doubled* in a decade.
NEETs include stay-at-home parents & jobseekers.
Strip those out to focus on people not working, not seeking work, not in education & not parenting: this group of economically & socially dislocated young adults has *doubled* in a decade.
Which is a drum I have consistently been banging for months, e.g this from Jan on the same topic www.ft.com/content/522d...
Which is a drum I have consistently been banging for months, e.g this from Jan on the same topic www.ft.com/content/522d...
• Upward revision applies to entire 2021-2024 series — the *trend* in emigration is *roughly* flat
• As infuriating as big revisions are, they mean data is getting better
• BUT wild that we ever used a survey to gauge movements into and out of the country instead of counting people!
• Upward revision applies to entire 2021-2024 series — the *trend* in emigration is *roughly* flat
• As infuriating as big revisions are, they mean data is getting better
• BUT wild that we ever used a survey to gauge movements into and out of the country instead of counting people!
It’s not just that the BBC is widely consumed — it also has solid trust on both left & right, whereas trust in the biggest US media brands is hugely polarised.
It’s not just that the BBC is widely consumed — it also has solid trust on both left & right, whereas trust in the biggest US media brands is hugely polarised.
A single shared source of truth makes it harder for partisan echo chambers to form, or for divisive narratives to dominate. It’s good for social cohesion and compromise.
A single shared source of truth makes it harder for partisan echo chambers to form, or for divisive narratives to dominate. It’s good for social cohesion and compromise.
One of the main reasons the UK has historically been so much less polarised than the US, is that Britain has a shared source of information, consumed and trusted by most people regardless of their politics.
One of the main reasons the UK has historically been so much less polarised than the US, is that Britain has a shared source of information, consumed and trusted by most people regardless of their politics.
(That contrasts to the overall median, which has risen by about 25%)
(That contrasts to the overall median, which has risen by about 25%)
Would-be migrants want to join a dynamic economy with the promise of high and rising wages.
The UK used to fit that bill, but Britain’s top salaries are now well down the list.
Would-be migrants want to join a dynamic economy with the promise of high and rising wages.
The UK used to fit that bill, but Britain’s top salaries are now well down the list.
Political hostility, high visa fees and (in the case of the UK) stagnant incomes are making the UK and US less attractive destinations for top international talent.
That steep decline in the appeal of moving to the US after 2016 is 👀
Political hostility, high visa fees and (in the case of the UK) stagnant incomes are making the UK and US less attractive destinations for top international talent.
That steep decline in the appeal of moving to the US after 2016 is 👀
The US Federal Reserve has long used additional data from payroll-processing company ADP to buttress official jobs numbers.
During the shutdown this third party data is extra important for filling the gap.
And ADP has stopped sharing the data.
www.wsj.com/economy/cent...
The US Federal Reserve has long used additional data from payroll-processing company ADP to buttress official jobs numbers.
During the shutdown this third party data is extra important for filling the gap.
And ADP has stopped sharing the data.
www.wsj.com/economy/cent...
There has been a red-blue sentiment gap for decades, but it’s widening (data: @ipsosintheuk.bsky.social / @keiranpedley.bsky.social)
There has been a red-blue sentiment gap for decades, but it’s widening (data: @ipsosintheuk.bsky.social / @keiranpedley.bsky.social)
“We are rejecting this solar farm, because one time I saw an electric vehicle on fire, which reminded me that decades ago a coal mining disaster killed lots of children”.
“We are rejecting this solar farm, because one time I saw an electric vehicle on fire, which reminded me that decades ago a coal mining disaster killed lots of children”.
Especially as they were pretty punchy (young adult conscientiousness below)
Especially as they were pretty punchy (young adult conscientiousness below)
• We started with bottom chart
• Didn’t like abstract & non-zero-based scores
• Moved to second chart
• Didn’t like units inaccessible to layperson
• Moved to percentile points (~exact same as standardised scores, but we thought less jargony)
• We started with bottom chart
• Didn’t like abstract & non-zero-based scores
• Moved to second chart
• Didn’t like units inaccessible to layperson
• Moved to percentile points (~exact same as standardised scores, but we thought less jargony)
FWIW openness showed relatively little change over time among any age group.
FWIW openness showed relatively little change over time among any age group.
The much-discussed contraction in entry-level tech hiring appears to have *reversed* in recent months.
In fact, relative to the pre-generative AI era, recent grads have secured coding jobs at the same rate as they’ve found any job, if not slightly higher.
The much-discussed contraction in entry-level tech hiring appears to have *reversed* in recent months.
In fact, relative to the pre-generative AI era, recent grads have secured coding jobs at the same rate as they’ve found any job, if not slightly higher.