Adopting the single currency would lower transaction costs considerably as the UK and the euro area are already the most important trading partners for each other. It therefore makes sense to integrate financial and product markets further by having a common currency. I am fully aware of how contentious an issue the euro is in the United Kingdom.
And, more and more, employers are requiring post-secondary credentials. Today, a high school diploma alone is less likely to qualify an individual for a job with a path toward meaningful advancement. And, as demand for more credentials increases, workers who lack those credentials will find it increasingly difficult to gain upward mobility in the job market.