A study by the Institute for Fiscal Studies reveals that many high achievers relocate from their hometowns by age 32, with 59% doing so. The report, authored by economist Xiaowei Xu, indicates that talented individuals often seek better job prospects and career development elsewhere, primarily moving to London in their mid-20s. The analysis shows a correlation between academic success and relocation patterns, emphasizing the need for local opportunities to retain skilled workers instead of merely focusing on enhancing local education.
Xiaowei Xu from the Institute for Fiscal Studies emphasizes that talented individuals often leave their hometowns for better career opportunities and societal recognition.
The analysis reveals a substantial connection between academic ability and relocation patterns, with a significant percentage of top achievers gravitating toward London in their early careers.
The report indicates that 40% of individuals with top GCSE scores end up living in or near London by age 32, highlighting regional disparities in opportunities.
Raising local skills alone may not diminish economic gaps; it's crucial to create environments where skills are justly rewarded, as posited by Xu.
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