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
- The value of individuals’ skills, knowledge and competences in the labour market (human capital) in Northern Ireland was £0.42 trillion in 2015 (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 previously it 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 11.2% is a seasonally adjusted figure and is not available on the same basis for Northern Ireland. However comparable non seasonally adjusted data show that in January-March 2018, in Northern Ireland, 10.2% of people aged 16 to 24 were not in education, employment or training. This compares with 10.6% in the UK as a whole.
- In 2017, 16.6% of Northern Ireland residents aged 16 to 64 had no qualifications, compared to 8.0% of all UK residents.
Do you want to know more? – Office for National Statistics Wellbeing.
10 National Wellbeing Domains