Regional unemployment and labour mobility in the UK

Regional unemployment and labour mobility in the UK
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英国的地区失业和劳动力流动

DOI:
10.1016/s0014-2921(97)00024-x
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发表时间:
1997
影响因子:
2.8
通讯作者:
B. Mccormick
B. Mccormick
中科院分区:
经济学3区
文献类型:
--
作者:
B. Mccormick

文献摘要

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本文调查分析了英国地区失业与劳动力流动之间的关系。一个显著的特点是,最近在东南部高工资地区,失业率的波动性有所上升。这可以用该地区个人部门抵押贷款债务的相对增长和消费需求对利率冲击的更大敏感性来解释。地区失业率差异在很大程度上取决于体力劳动市场,仅显示出周期性修正趋同的轻微证据。这是由于体力劳动者的迁移相对较低,以及向外迁移对区域劳动力市场疲软不太敏感。两个区域经历了持续的就业增长,吸引了大量非体力劳动移民到低失业率和相对工资增加的劳动力市场。
This paper surveys analysis of the relationship between regional unemployment and labour mobility in the UK. A notable feature is the recent rise in the volatility of unemployment in the high wage region of the South East. This is explained by the relative growth of personal sector mortgage indebtedness in that region and greater consumption demand sensitivity to interest rate shocks. Regional unemployment rate differences are largely determined in the manual labour market and show only slight evidence of cyclically corrected convergence. This is underpinned by relatively low migration amongst manual workers, and little sensitivity of out-migration to regional labour market slack. Two regions have experienced persistent employment growth and attracted significant immigration of non-manual labour to low unemployment and increasing relative wage labour markets.