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Unemployment and inactivity in the 2008–2009 recession

Author

Listed:
  • Paul Gregg

    (University of Bristol)

  • Jonathan Wadsworth

    (University of Bristol)

Abstract

SUMMARYThis article looks at the pattern of worklessness, that is unemployment and inactivity, in the latest recession. Compared to previous recessions, the rise in unemployment has been small relative to the fall in Gross Domestic Product. Likewise, numbers receiving workless benefits other than for unemployment are not rising, in contrast to the two previous economic downturns. This suggests that labour market policies introduced since 1996 have, so far, been effective. However, the ability for new policies to withstand a rise in long-term unemployed is yet to be tested.

Suggested Citation

  • Paul Gregg & Jonathan Wadsworth, 2010. "Unemployment and inactivity in the 2008–2009 recession," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 4(8), pages 44-50, August.
    • Handle: RePEc:pal:ecolmr:v:4:y:2010:i:8:p:44-50
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    Cited by:

    1. Graham Dawson, 2014. "W. H. Hutt (1899–1988): Free Markets and Social Justice," Economic Affairs, Wiley Blackwell, vol. 34(3), pages 379-391, October.
    2. Geoff Mason & Kate Bishop, 2015. "The Impact of Recession on Adult Training: Evidence from the United Kingdom in 2008–2009," British Journal of Industrial Relations, London School of Economics, vol. 53(4), pages 736-759, December.
    3. Cappellari, Lorenzo & Jenkins, Stephen P., 2014. "Earnings and labour market volatility in Britain, with a transatlantic comparison," Labour Economics, Elsevier, vol. 30(C), pages 201-211.

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