Static Economic Output and Persistent Human Resource Challenges in the UK

In the Summer 2025 edition of the National Institute UK Economic Outlook, Volume 19, Series A, an article titled "UK Economic Outlook Summer 2025" sheds light on the issue of stagnating productivity in the United Kingdom. The authors of the article, Aditya Goenka and Lin Liu, are external to the institute.

The article does not present new facts about labour, employment, wages, productivity, trade, or regional economies in the UK for the summer of 2025. Instead, it delves into the role of human capital in the UK's persistent underperformance on productivity.

Human capital, defined as the knowledge, skills, and health of the workforce, is a key driver of productivity. The article discusses how a decline in the UK's human capital, particularly in higher-education enrolment and health outcomes, accounts for a substantial share of its productivity shortfall.

The 'productivity puzzle' in the UK has significant implications for living standards, fiscal sustainability, and global competitiveness. However, the article does not provide any new facts about the stagnating productivity in the UK related to human capital.

It is important to note that the National Institute UK Economic Outlook, Volume Series A, Issue Summer 2025, is a journal that focuses on the UK's economic outlook. The article's related themes include Labour, Employment and Wages, and Productivity, Trade, and Regional Economies.

Unfortunately, the article does not provide any new facts about the economic outlook for the UK beyond the discussion of the productivity puzzle and human capital. It is, therefore, a valuable resource for understanding the role of human capital in the UK's economic performance but may not offer immediate insights into the UK's economic outlook for the summer of 2025.