Find people numbers4/7/2023 ![]() People who are bad with numbers often perform worse in these jobs, including banking. Numeracy is central to modern adult life because numbers are everywhere.Ī lot of well-paying jobs involve working with numbers. The ability to understand and use numbers is also called numeracy. We found that the relationship between number ability and struggling to make ends meet holds across the world, except in low-income countries like Ethiopia, Somalia and Rwanda. Of course, being good with numbers is not going to help you stretch your budget if you are very poor. But even among college graduates there are people who are bad with numbers – and they struggle more financially. People with a high school degree tend to be better with numbers than people without a high school degree. Our analyses also indicate that staying in school longer is related to better number ability. When we say that they found it harder to make ends meet, we mean that they reported on the poll that they found it difficult or very difficult to live on their current income, as opposed to living comfortably or getting by on their current income. But our analyses of the World Risk Poll further showed that people who are bad with numbers find it harder to make ends meet, even if they are not poor. ![]() Prior studies in the United States, United Kingdom, the Netherlands and Peru had also found that people who are bad with numbers are financially worse off. ![]() Our analyses found that people who answered incorrectly are often among the poorest in their country. ![]() Participants were said to be bad with numbers if they did not provide the correct answer – which is that 10% is the same as 1 out of 10. In this World Risk Poll, people from 141 countries were asked if 10% was bigger than, smaller than or the same as 1 out of 10. That’s according to our analyses of the Lloyd’s Register Foundation World Risk Poll. People who are bad with numbers are more likely to experience financial difficulties than people who are good with numbers. The Research Brief is a short take about interesting academic work.
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