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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Underemployment in the UK in the Great Recession
Authors: Bell, David
Blanchflower, David
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Keywords: Unemployment
Issue Date: Jan-2011
Publisher: SAGE Publications
Citation: Bell D & Blanchflower D (2011) Underemployment in the UK in the Great Recession, National Institute Economic Review, 215 (1), pp. R23-R33.
Abstract: One of the main puzzles associated with the Great Recession has been the muted increase in recorded unemployment in the UK. In this paper we explore possible explanations for the behaviour of the UK labour market during the period of the recession. We establish that there has been significant underemployment, which partly explains the sluggish increase in unemployment, but also means that (i) significant numbers of workers are supplying fewer hours of work than they would like and (ii) when recovery comes, profit maximising employers are likely to increase the hours of existing workers, rather than making new hires. This particularly disadvantages the young. Our new analysis points to significant levels of underemployment among younger age groups - whether this is measured in relation to their actual hours of work, their desired hours of work, or their labour force participation.
Type: Journal Article
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Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Economics

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