The UK economy [September 2001]

Ireland, John (2001) The UK economy [September 2001]. Quarterly Economic Commentary, 26 (3). pp. 10-12. ISSN 0306-7866

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There is now clear evidence of the downturn in the UK economy. GDP growth has fallen back in the second quarter to 2.1% year on year. The slowdown has also spread to the labour market with employment now falling and unemployment flat according to the ILO definition.