Abstract
There is now clear evidence of the downturn in the UK economy. GDP growth has fallen back in the second quarter to 2.1% year on year. The slowdown has also spread to the
labour market with employment now falling and unemployment flat according to the ILO definition.
labour market with employment now falling and unemployment flat according to the ILO definition.
| Original language | English |
|---|---|
| Pages (from-to) | 10-12 |
| Number of pages | 3 |
| Journal | Quarterly Economic Commentary |
| Volume | 26 |
| Issue number | 3 |
| Publication status | Published - Sep 2001 |
Keywords
- Scottish economy
- UK economic conditions
- Scottish economic climate
- UK economic forecasts