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Labour market flows: Facts from the United Kingdom

  • Gomes, Pedro

This paper documents a number of facts about worker gross flows in the United Kingdom for the period between 1993 and 2010. Using Labour Force Survey data, I examine the size and cyclicality of the flows and transition probabilities between employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job-to-job flows, employment separations by reason, flows between inactivity and the labour force and flows by education. I decompose contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job-separation rate has been as relevant as the job-finding rate.

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Article provided by Elsevier in its journal Labour Economics.

Volume (Year): 19 (2012)
Issue (Month): 2 ()
Pages: 165-175

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Handle: RePEc:eee:labeco:v:19:y:2012:i:2:p:165-175
Contact details of provider: Web page: http://www.elsevier.com/locate/labeco

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