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Conference Paper/Proceeding/Abstract 394 views

The Welsh Labour Market Following the Great Recession

Stephen Drinkwater, David Blackaby, Phil Murphy

Swansea University Author: Stephen Drinkwater

Abstract

Not only can recessions affect a range of aggregate outcomes but they can also havenegative consequences for individuals, some of which can be long-lasting. It is therefore veryimportant to take appropriate measures to try and mitigate the impact of a recession. The UKgovernment was initially fairly...

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Published: WISERD 2011
Online Access: http://www.wiserd.ac.uk/wp-content/uploads/2011/04/WISERD_PBS_002.pdf
URI: https://cronfa.swan.ac.uk/Record/cronfa11597
first_indexed 2013-07-23T12:05:55Z
last_indexed 2018-02-09T04:41:20Z
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recordtype SURis
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spelling 2011-10-01T00:00:00.0000000 v2 11597 2012-06-15 The Welsh Labour Market Following the Great Recession c5816cd6d21d6ca4d02c01836fbdcefd Stephen Drinkwater Stephen Drinkwater true false 2012-06-15 Not only can recessions affect a range of aggregate outcomes but they can also havenegative consequences for individuals, some of which can be long-lasting. It is therefore veryimportant to take appropriate measures to try and mitigate the impact of a recession. The UKgovernment was initially fairly pro-active in introducing and co-ordinating policy actions in anattempt to limit the impact of the recession. Combined with other factors, this resulted in asmaller reduction in UK employment than might have been expected, especially incomparison to the decline observed in GDP or in relation to the employment falls seen inother recent recessions in the UK. However, the coalition government’s plans to reduce thebudget deficit could have negative effects for towns and cities which are heavily reliant onpublic sector employment. Many areas within Wales fit into this category so after reviewing arange of statistical evidence, this policy brief reviews some of the policy measures that theWelsh Assembly Government has already taken and the areas where future policy could bedirected. The discussion particularly focuses on the important role that skills can play. Conference Paper/Proceeding/Abstract WISERD 31 12 2011 2011-12-31 http://www.wiserd.ac.uk/wp-content/uploads/2011/04/WISERD_PBS_002.pdf Policy Briefing Series No. 2 COLLEGE NANME COLLEGE CODE Swansea University 2011-10-01T00:00:00.0000000 2012-06-15T14:00:55.7933617 Faculty of Humanities and Social Sciences School of Management - Economics Stephen Drinkwater 1 David Blackaby 2 Phil Murphy 3
title The Welsh Labour Market Following the Great Recession
spellingShingle The Welsh Labour Market Following the Great Recession
Stephen Drinkwater
title_short The Welsh Labour Market Following the Great Recession
title_full The Welsh Labour Market Following the Great Recession
title_fullStr The Welsh Labour Market Following the Great Recession
title_full_unstemmed The Welsh Labour Market Following the Great Recession
title_sort The Welsh Labour Market Following the Great Recession
author_id_str_mv c5816cd6d21d6ca4d02c01836fbdcefd
author_id_fullname_str_mv c5816cd6d21d6ca4d02c01836fbdcefd_***_Stephen Drinkwater
author Stephen Drinkwater
author2 Stephen Drinkwater
David Blackaby
Phil Murphy
format Conference Paper/Proceeding/Abstract
publishDate 2011
institution Swansea University
publisher WISERD
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Economics{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Economics
url http://www.wiserd.ac.uk/wp-content/uploads/2011/04/WISERD_PBS_002.pdf
document_store_str 0
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description Not only can recessions affect a range of aggregate outcomes but they can also havenegative consequences for individuals, some of which can be long-lasting. It is therefore veryimportant to take appropriate measures to try and mitigate the impact of a recession. The UKgovernment was initially fairly pro-active in introducing and co-ordinating policy actions in anattempt to limit the impact of the recession. Combined with other factors, this resulted in asmaller reduction in UK employment than might have been expected, especially incomparison to the decline observed in GDP or in relation to the employment falls seen inother recent recessions in the UK. However, the coalition government’s plans to reduce thebudget deficit could have negative effects for towns and cities which are heavily reliant onpublic sector employment. Many areas within Wales fit into this category so after reviewing arange of statistical evidence, this policy brief reviews some of the policy measures that theWelsh Assembly Government has already taken and the areas where future policy could bedirected. The discussion particularly focuses on the important role that skills can play.
published_date 2011-12-31T12:22:30Z
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