Thursday 23 May 2013

The road back towards full employment

The UK labour market has performed relatively well in recent years given the weakness of GDP, with the number of people in work now back above its pre-recession peak. Yet job creation has lagged far behind population growth, leaving the UK far below its pre-recession employment rate. In the coming years, not least as the UK workforce continues to age, the road back towards full employment will not be easy or straightforward.

This event stepped back from debates about the immediate performance of the labour market to assess the UK’s road back towards full employment. It presented new evidence on the scale of the task and brought together leading economists to debate what role government can play.