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The recession of 2008-2009 inflicted a larger cumulative loss of UK output than any of the other post-war recessions. Nevertheless, employment rates remained higher than might have been expected given the experience of previous recessions. The main reasons for this appear to be a combination of...
Persistent link: https://www.econbiz.de/10010884591
Britain, perhaps uniquely, has experienced simultaneoud rises in both wage inequality and polarisation of eployment across households over the past twenty years. This article investigates the inter-relations of these two trends by examining the changing nature of new jobs and the characteristics...
Persistent link: https://www.econbiz.de/10005016953
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The recession of 2008-09 inflicted a larger cumulative loss of UK output than any of the previous post-war recessions, yet there has been a relatively low loss of employment, at least so far. Paul Gregg and Jonathan Wadsworth look for an explanation.
Persistent link: https://www.econbiz.de/10009416226
Individual and household based aggregate measures of joblessness can, and do, offer conflicting signals about labour market performance if work is unequally distributed. Thispaper introduces a simple set of indices that can be used to measure the extent of divergencebetween individual and...
Persistent link: https://www.econbiz.de/10005670482
Individual and household based aggregate measures of worklessness can, and do, offer conflicting signalsabout labour market performance. We outline a means of quantifying the extent of any disparity,(polarisation), in the signals stemming from individual and household-based measures of...
Persistent link: https://www.econbiz.de/10005670508
The recession of 2008-2009 inflicted a larger cumulative loss of UK output than any of the other post-war recessions. Nevertheless, employment rates remained higher than might have been expected given the experience of previous recessions. The main reasons for this appear to be a combination of...
Persistent link: https://www.econbiz.de/10010700448
We examine wages in jobs taken by those out of work--entry jobs--and the characteristics of the individuals who fill them. There are large entry wage gaps relative to other jobs. More importantly, real entry wages have fallen by around 20 log points relative to all other jobs since 1979....
Persistent link: https://www.econbiz.de/10005284594
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