Figure 1: Employed and full human capital, 2004 to 2015
Source: Annual Population Survey (APS) - Office for National Statistics
- Employed human capitall estimates the total human capital stock of the employed population of working age (16 to 64) .
- Full human capitalestimates the total human capital stock of the employed and unemployed population of working age (16 to 64), assuming the unemployed are employed.
- Figures in 2015 prices, deflated using the Consumer Price Index (CPI).
- Labour productivity growth rate = 2%.
- Discount rate = 3.5%.
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