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Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19
In 2019, the employment rate among 25‐ to 64‐year‐olds in the UK reached 80 per cent – the highest on record, and considerably higher than the 76 per cent rate recorded shortly before the Great Recession. In this paper, we investigate the growth in employment between the eve of the Great Recession a...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
John Wiley and Sons Inc.
2021
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8441802/ https://www.ncbi.nlm.nih.gov/pubmed/34538976 http://dx.doi.org/10.1111/1475-5890.12279 |
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author | Bourquin, Pascale Waters, Tom |
author_facet | Bourquin, Pascale Waters, Tom |
author_sort | Bourquin, Pascale |
collection | PubMed |
description | In 2019, the employment rate among 25‐ to 64‐year‐olds in the UK reached 80 per cent – the highest on record, and considerably higher than the 76 per cent rate recorded shortly before the Great Recession. In this paper, we investigate the growth in employment between the eve of the Great Recession and the eve of COVID‐19 across several dimensions. We analyse which sectors, demographic groups and regions accounted for the rise. We also investigate how job ‘quality’ – in both financial and non‐financial terms – has changed. We find that almost all demographic groups and regions saw a rise in employment, especially those with low pre‐existing employment rates and those near the bottom of the income distribution. Hourly pay growth was very weak over the period, with the median actually slightly falling. Other indicators of job quality show a more mixed picture: employees seem to have greater appreciation of their work and firm, but perceive less security and flexibility in their job. |
format | Online Article Text |
id | pubmed-8441802 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | John Wiley and Sons Inc. |
record_format | MEDLINE/PubMed |
spelling | pubmed-84418022021-09-15 Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19 Bourquin, Pascale Waters, Tom Fisc Stud Original Articles In 2019, the employment rate among 25‐ to 64‐year‐olds in the UK reached 80 per cent – the highest on record, and considerably higher than the 76 per cent rate recorded shortly before the Great Recession. In this paper, we investigate the growth in employment between the eve of the Great Recession and the eve of COVID‐19 across several dimensions. We analyse which sectors, demographic groups and regions accounted for the rise. We also investigate how job ‘quality’ – in both financial and non‐financial terms – has changed. We find that almost all demographic groups and regions saw a rise in employment, especially those with low pre‐existing employment rates and those near the bottom of the income distribution. Hourly pay growth was very weak over the period, with the median actually slightly falling. Other indicators of job quality show a more mixed picture: employees seem to have greater appreciation of their work and firm, but perceive less security and flexibility in their job. John Wiley and Sons Inc. 2021-08-22 2022-03 /pmc/articles/PMC8441802/ /pubmed/34538976 http://dx.doi.org/10.1111/1475-5890.12279 Text en © 2021 The Authors. Fiscal Studies published by John Wiley & Sons Ltd. on behalf of Institute for Fiscal Studies https://creativecommons.org/licenses/by/4.0/This is an open access article under the terms of the http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited. |
spellingShingle | Original Articles Bourquin, Pascale Waters, Tom Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19 |
title | Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19 |
title_full | Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19 |
title_fullStr | Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19 |
title_full_unstemmed | Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19 |
title_short | Jobs and job quality between the eve of the Great Recession and the eve of COVID‐19 |
title_sort | jobs and job quality between the eve of the great recession and the eve of covid‐19 |
topic | Original Articles |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8441802/ https://www.ncbi.nlm.nih.gov/pubmed/34538976 http://dx.doi.org/10.1111/1475-5890.12279 |
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