Wealth Inequalities Flashcards
Understood as a persons earnings from their employment, pensions etc … is known as?
Income
Total value of a persons assets is known as …
wealth
The unemployment rate as of September 2023 in Scotland was
4.1%
This means that almost how much of Scotland’s workforce is out of work?
1 in 20
For households where no one is in employment the poverty rate is roughly what % according to JRF.
50%
In households where there is one person in full time work the poverty rate is …
10%
This means that the difference in poverty rate between households that are in work and are worklessness is what %?
40%
According to JRF households who are receipt of Universal Credit have a poverty rate of what %?
54%
More than 3/5 of individuals who experience poverty in the UK are in a working household?
True
Education is known as the what when it comes to escaping poverty?
The silver bullet
Those with higher levels of education are statistically less likely to experience poverty
True
How much of the UK experiencing poverty have no formal qualifications?
40%
What are the 5 C’s?
Cleaning, catering, clerical, cashiering and childcare.
What % of lone parent families are headed by women?
90%
The poverty rate for working age adults is what %?
20%