Abstract
The impact of industrial structure on changes in unemployment has been hard to establish conclusively. This article examines this issue, for GB travel to work areas, for the period from December 1989 to December 1992 and concentrates in particular on the potential role of public and semi public sector employment in dampening the impact of recession in areas where such employment is relatively important. It is concluded that industrial structure was of some importance in the changes in unemployment over this time. A high percentage of employment in public and semi-public agencies did mitigate the impact of recession; other important explanatory variables included dummies to discriminate between north, central and southern regions, and changes in house prices.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.