The labour market [June 1995]

Peter McGregor, Neil McGregor, Cliff Lockyer

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Abstract

Past Commentaries have noted the many revisions made to official estimates of employment, including those made in may 1994, following the selection of a revised panel of employers who form the basis for the procedures to estimate total employment. Most recently the Department of Employment has revised its estimates of employees in employment, particularly in the construction industry. In Britain as a whole the revisions added around 120,000 extra jobs in the construction industry. This helps in part to resolve the puzzle of apparently "jobless recovery".
Original languageEnglish
Pages (from-to)21-29
Number of pages11
JournalQuarterly Economic Commentary
Volume20
Issue number4
Publication statusPublished - Jun 1995

Keywords

  • Scottish economic background
  • Scottish economy
  • labour market conditions

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    McGregor, P., McGregor, N., & Lockyer, C. (1995). The labour market [June 1995]. Quarterly Economic Commentary, 20(4), 21-29.