The Observer:
Shops and call centres are not the answer for those in the wilderness
4 October 2015
Professor Alan Manning of the London School of Economics has studied unemployment in former industrial areas and says every city needs the equivalent of an export sector - something to bring money from outside the area, whether it's a hospital, a university, or a successful business sector. Without that, areas fall into long-term decline. ''The areas that have negative labour demand shocks like this are the areas that lose population; then the housing stock is bigger than is needed for the population.'' That can depress property prices, and at worst, chronic urban decay sets in.
This article was published in The Observer on October 4, 2015
Link to article here
Related Links
Alan Manning webpage
Community Programme webpage
Labour Markets Programme webpage
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