Regional unemployment and labour mobility in the UK
Regional unemployment and labour mobility in the UK
复制标题
英国的地区失业和劳动力流动
DOI:
10.1016/s0014-2921(97)00024-x
复制
发表时间:
1997
影响因子:
2.8
通讯作者:
B. Mccormick
中科院分区:
文献类型:
--
作者:
B. Mccormick
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.