Jobs in the recession

Paul Gregg and Jonathan Wadsworth

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

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.

Keywords: labour market; recession; unemployment; wages (search for similar items in EconPapers)
JEL-codes: J0 J2 J3 J6 (search for similar items in EconPapers)
Date: 2010-07
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:317

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