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Unemployment - In Charts

Thursday, February 14, 2008
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The labour market provides a rich stream of information about what is happening in the real economy. It is often said that the number of people of work is a lagging indicator of the economic cycle - is that true this time around? Unemployment is still falling on both of the main published measures. And the number of people in work has never been higher. Thus far the signs from the labour market do not suggest an economy teetering on the brink of a slowdown or, worse still, a full-blown recession. My new ‘labour market in charts’ provides a set of fourteen up to the minute charts and is streamed here. The presentation can also be downloaded from the Tutor2u web site, it might be a useful resource if you are teaching aspects of unemployment at AS and A2 level.


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