Labour market flows: facts from the United Kingdom

Pedro Gomes

No 367, Bank of England working papers from Bank of England

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.

Keywords: Worker gross flows; job-finding rate; job-separation rate. (search for similar items in EconPapers)
JEL-codes: E24 J60 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab and nep-mac
Date: 2009-04-27
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Persistent link: http://EconPapers.repec.org/RePEc:boe:boeewp:0367

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