Labour market flows: Facts from the United Kingdom Articles uri icon

authors

  • BATISTA MAIA GOMES, PEDRO

publication date

  • April 2012

start page

  • 165

end page

  • 175

issue

  • 2

volume

  • 19

international standard serial number (ISSN)

  • 0927-5371

electronic international standard serial number (EISSN)

  • 1879-1034

abstract

  • 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

keywords

  • worker gross flows; job-finding rate; job-separation rate; transition probabilities