Wednesday, March 10, 2010

Like Father - Like Son

SOYMB reads that the chances of a child from a poor family enjoying higher wages and better education than their parents is lower in Britain than in other western countries.

Highlighting the UK's lack of social mobility, Organisation for Economic Co-operation and Development said the chances of a young person from a less well-off family enjoying higher wages or getting a higher level of education than their parents was "relatively low".

The OECD, which has more than 30 developed-country members, said the UK's record – along with a number of other rich countries – was unimpressive."Mobility in earnings across pairs of fathers and sons is particularly low in France, Italy, the United Kingdom and the United States..."

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