Unemployment - an insight

David Blanchflower is an expert on the labour market. He was once on the Monetary Policy Committee and constantly worried about the effect of monetary policy on the jobs market, which annoyed the government as it was inflation he was meant to be worrying about.

In the piece below he looks at the current state of the UK labour market, considers why it has performed in the way it has and what schemes might work to improve it. This is a must read article.

You will notice that he too refers to the film 'The Full Monty', so its not just me!

Blanchflower's article is here