Employment and Unemployment

  • Peter Curwen
Part of the Macmillan Texts in Economics book series (PTEC)


The purpose of this chapter and of Chapter 9 which follows is to examine the workings of the labour market in the UK. This divides into three main issues. First, there is the need to discuss employment and unemployment and the changes which have taken place in both, primarily in the period since 1979. Secondly, there is the need to examine the role played by the trade unions and to assess how they have fared since 1979. Thirdly, there is the need to assess the record with respect to education and training, the latter of which has been a central policy issue only since the early 1980s. Inevitably, all of these issues have something to do with the rewards to labour, and so we will need to say something about that also. However, wider issues concerning the distribution of income are left until Chapter 10.


Labour Market Unemployment Rate Real Wage Industrial Relation Natural Rate 
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© Peter Curwen 1992

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  • Peter Curwen

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