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Jobs in the recession

Author

Listed:
  • Paul Gregg
  • Jonathan Wadsworth

Abstract

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.

Suggested Citation

  • Paul Gregg & Jonathan Wadsworth, 2010. "Jobs in the recession," CentrePiece - The Magazine for Economic Performance 317, Centre for Economic Performance, LSE.
  • Handle: RePEc:cep:cepcnp:317
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    File URL: http://cep.lse.ac.uk/pubs/download/cp317.pdf
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    Cited by:

    1. Dan Corry & Anna Valero & John Van Reenen, 2011. "UK Economic Performance Since 1997: Growth, Productivity and Jobs," CEP Special Papers 24, Centre for Economic Performance, LSE.

    More about this item

    Keywords

    labour market; recession; unemployment; wages;

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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