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Grim down south? The determinants of unemployment increases in British cities in the 2008–2009 recession

Lee, Neil ORCID: 0000-0002-4138-7163 (2012) Grim down south? The determinants of unemployment increases in British cities in the 2008–2009 recession. Regional Studies. ISSN 0034-3404

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Identification Number: 10.1080/00343404.2012.709609

Abstract

The determinants of unemployment increases in British cities in the 2008–2009 recession, Regional Studies. This paper investigates the impact of the 2008–2009 recession on unemployment in the sixty largest cities in Great Britain. The key determinant of changes in unemployment was the skills of the population, with highly skilled cities experiencing smaller increases. Cities with employment in financial services or manufacturing sectors experienced larger increases in unemployment. Whether a city has a specialized or a diverse economy appears less important than the industries in which the city is specialized. The results highlight a problem as the largest unemployment increases were in cities seen as having least potential for future growth.

Item Type: Article
Additional Information: © 2012 Regional Studies Association
Divisions: Geography & Environment
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HN Social history and conditions. Social problems. Social reform
JEL classification: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Employment, and Investment > E24 - Macroeconomics: Employment; Unemployment; Wages; Intergenerational Income Distribution (includes wage indexation)
J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J60 - General
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O18 - Regional, Urban, and Rural Analyses
R - Urban, Rural, and Regional Economics > R2 - Household Analysis > R23 - Regional Migration; Regional Labor Markets; Population
Date Deposited: 10 Sep 2013 15:52
Last Modified: 14 Sep 2024 05:29
URI: http://eprints.lse.ac.uk/id/eprint/52365

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