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Will the public spending cuts bring about a labour market relapse?
- Source :
- Economic Outlook; Jan2011, Vol. 35 Issue 1, p5-12, 8p, 16 Graphs
- Publication Year :
- 2011
-
Abstract
- The article presents an economic outlook for Great Britain, particularly the impact of public spending cut on the labor market. The labor market showed resilience during the recession but indicators show that the market has become affected, with private sector hiring remaining low. Unemployment may increase given the combination of falling public sector unemployment and minimal job creation.
Details
- Language :
- English
- ISSN :
- 0140489X
- Volume :
- 35
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Economic Outlook
- Publication Type :
- Academic Journal
- Accession number :
- 57656140
- Full Text :
- https://doi.org/10.1111/j.1468-0319.2011.00824.x