Grim down south? The determinants of unemployment increases in British cities in the 2008–2009 recession.
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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.
||© 2012 Regional Studies Association
|Library of Congress subject classification:
||H Social Sciences > HC Economic History and Conditions
H Social Sciences > HN Social history and conditions. Social problems. Social reform
|Journal of Economic Literature Classification System:
||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
||Departments > Geography and Environment
||10 Sep 2013 15:52
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