Domain Overview: ‘Learning encourages social interaction and increases self-esteem and feelings of competency. Behaviour directed by personal goals to achieve something new has been shown to increase reported life satisfaction’, New Economics Foundation 2009.
When people were asked what mattered most for the measurement of National Well-being, in the Office for National Statistics National Debate on Measuring National Wellbeing, nearly 7 in 10 people (69%) said ‘Education and skills’ were important.
The 3 measures in the Education and Skills domain are:
- Human capital – the value of individual’s skills, knowledge and competences in labour market
- Those not in Education, Employment or Training (NEET) – No NI Data Available (non seasonally adjusted figures presented below)
- UK residents aged 16 to 64 with no qualifications
- For the first time human capital – value of individuals’ skills, knowledge and competences in the labour market is available for Northern Ireland. The value of human capital in 2015 in Northern Ireland was £0.42 trillion (UK overall: £19.9 trillion). This equates to £362k per head of working age population in NI, compared with £487k per head of working age population in the UK overall. These data are sourced from ONS.
- The other two measures in the Education and Skills domain are sourced from the ONS Labour Force Survey. ONS has recently changed the second measure to those not in Education, Employment or Training (NEET) as the previous measure did not allow cross country assessment, or provide an overall UK figure of educational attainment. A person is NEET if they are aged 16 to 24 and not in education, employment or training. The UK estimate of 11.5% is a seasonally adjusted figure and is not available on the same basis for Northern Ireland. However, non seasonally adjusted data show that in January-March 2017, in Northern Ireland, 12.2% of people aged 16 to 24 were not in education, employment or training. This compares with 10.4% in the UK as a whole.
- In 2016, 15.8% of Northern Ireland residents aged 16 to 64 had no qualifications, compared with 8.1% of all UK residents.
Do you want to know more? – Office for National Statistics Wellbeing.
10 National Wellbeing Domains