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Labour market flows: facts from the United Kingdom

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  • Gomes, Pedro

    (London School of Economics & Political Science)

Abstract

In this paper I use the Labour Force Survey to obtain stylised facts about worker gross flows in the United Kingdom. I analyse the size and cyclicality of the flows between employment, unemployment and inactivity. I also examine job-to-job flows, employment separations by reason, flows between inactivity and the labour force, flows into and out of public sector employment and flows by education. I decompose contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Although the job-finding rate has been more relevant over the past ten years, the job-separation rate was particularly important during the early 1990s recession.

Suggested Citation

  • Gomes, Pedro, 2009. "Labour market flows: facts from the United Kingdom," Bank of England working papers 367, Bank of England.
    • Handle: RePEc:boe:boeewp:0367
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    References listed on IDEAS

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    More about this item

    Keywords

    Worker gross flows; job-finding rate; job-separation rate.;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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