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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...

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Detalles Bibliográficos
Autores principales: Bourquin, Pascale, Waters, Tom
Formato: Online Artículo Texto
Lenguaje:English
Publicado: John Wiley and Sons Inc. 2021
Materias:
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
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Waters, Tom
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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.
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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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