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Labour market flows: facts from the United Kingdom

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Article
H

Gomes, Pedro

Labour Economics

2012

19

2

April

165-175

labour market ; termination of employment

United Kingdom

Labour market

http://dx.doi.org/10.1016/j.labeco.2011.08.002

English

Bibliogr.

"This paper documents a number of facts about worker gross flows in the United Kingdom for the period between 1993 and 2010. Using Labour Force Survey data, I examine the size and cyclicality of the flows and transition probabilities between employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job-to-job flows, employment separations by reason, flows between inactivity and the labour force and flows by education. I decompose contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job-separation rate has been as relevant as the job-finding rate."

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