The post-crisis labour market and the challenges to policymakers

Darby, Julia and McIntyre, Stuart (2014) The post-crisis labour market and the challenges to policymakers. Fraser of Allander Economic Commentary, 38 (2). pp. 51-62. ISSN 2046-5378

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    Abstract

    While headline figures on employment, the participation rate and the unemployment rate for the UK are encouraging, there is widespread agreement that the evolving changes in the labour market underlying these figures are more complex. One consequence is that headline labour market figures are less useful than they were previously for measuring the overall health of the labour market, not just in Scotland, but across the UK and many other countries.