The labour market [June 1997]

Peter 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. Recently the Department of Employment 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)22-30
Number of pages9
JournalQuarterly Economic Commentary
Volume22
Issue number3
Publication statusPublished - Jun 1997

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Keywords

  • Scottish economic appraisal
  • Scottish economic activity

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