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Richard Layard and Ken Clarke write about the need to improve opportunities for young people who don’t go to university. ... Read more...
04 December 2021
A report published by the Centre for Economic Performance at the London School of Economics shows, the self-employed have not fared well over the past couple of years. Even by the end of this summer they were ... Read more...
22 November 2021
A majority of urban Indians left unemployed by the coronavirus pandemic want the government to guarantee them jobs like it does for people in rural areas, says a study by Swati Dhingra and Fjolla Kon... Read more...
02 July 2021
New incentives need to be introduced to encourage employers to invest in younger workers who have been hit hard by the Covid-19 pandemic, the London School of Economics and Political Science has said. ... Read more...
16 December 2020
Lee Elliot Major and Stephen Machin remember the drive behind Roosevelt's New Deal which created millions of jobs during America's Great Depression in the 1930s and examine how government policy could ... Read more...
08 December 2020
Shania Bhalotia, Swati Dhingra and Fjolla Kondirolli examine the impact of lockdown imposed in late March on more than 8,500 urban workers, finding 52% went without work or pay during lockdown, while less than... Read more...
06 September 2020
India has been struggling with an unemployment problem and the coronavirus pandemic. New research by Shania Bhalotia, Swati Dhingra and Fjolla Kondirolli, finds Federal and state governments recogniz... Read more...
01 September 2020
Former top civil servant Gus O'Donnell urges ministers to use 'wellbeing' analysis to allow a Sweden-style 'phased' easing of the coronavirus lockdown by balancing quality of life against t... Read more...
24 April 2020
Lord Gus O'Donnell writes about new research led by Richard Layard. The paper When to release the lockdown sets out a wellbeing-based framework to analyse the cost and benefits of lifting lockdown restrict... Read more...
This report sets out a framework which brings together economic, health, and social factors through a ‘common currency’ of wellbeing measurement, as a way of informing a decision on when to lift lo... Read more...
Professor Stephen Machin, director of CEP, and Henry Overman, research director of CEP, contribute to an investigation into the differences in wages and opportunities across the country and why some towns and ... Read more...
09 March 2020
By Barbara Petrongolo, Felix Koenig, and John Van Reenen Policy makers have long been concerned with helping people on disability benefits find some employment as this group has grown dramatically in recent decades. In ... Read more...
24 August 2019
Monica Langella and Alan Manning find that high unemployment in an area induces people to move away, and has an even stronger effect on the attractiveness of that area to potential movers. They also find that younger and... Read more...
19 August 2019
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In many economies, the popularity of 'atypical employment relationships' is increasing. More and more people are using free time jobs, working on their own, making money through shared services. Economist Nikhil Datta pr... Read more...
26 July 2019
New UK evidence may lend support to heavier investment in transport infrastructure that facilitates longer-distance commuting, write Michael Amior and Alan Manning.... Read more...
23 July 2019
By Nikhil Datta, PhD candidate, UCL, and Research Assistant, CEP, LSE. Originally published at VoxEU Is the rise of 'atypical' work arrangements - such as self-employment, freelancing, gig work and zero-hour contracts -... Read more...
20 July 2019
Nikhil Datta Is the rise of 'atypical' work arrangements - such as self-employment, freelancing, gig work and zero-hour contracts - a result of workers wanting such jobs or because they have no other choice? This column... Read more...
19 July 2019
Freelancers, gig workers and the self-employed like flexibility, but they would much prefer job security, writes Nikhil Datta.... Read more...
16 July 2019
03 July 2019
... and the author of the new research paper, Nikhil Datta. "They value these, and other aspects of job security like sick leave and paid holiday, ... ... Read more...
GIG ECONOMY work is a necessity rather than a choice, and those reliant on it would be willing to earn less in exchange for more job security, according to a study of workers in the UK and the US. The report by the Londo... Read more...
02 July 2019
Freelancers, gig workers and the self-employed like flexibility, but they would much prefer job security, writes Nikhil Datta... Read more...
"Workers like knowing when their next pay check is coming, where it's coming from and how much it will be," said Nikhil Datta, researcher at the ... ... Read more...
Explaining the changes, Professor Alan Manning, chair of the committee, said the labour market was "very different" to the one that existed during the last shortage occupations review six years ago."Unemployment is lower... Read more...
29 May 2019
"We used to think that unemployment responded to growth in the economy. We used to think I it took about 2 percent growth to make any in roads into unemployment But the recovery since the recession has gone against that ... Read more...
13 May 2019
In the mid 1990s, a UK employer could advertise an opening for a security guard on an hourly wage of just £2 - with a requirement to bring their own dog. Twenty years on from the introduction of a national mini... Read more...
01 April 2019
The Office for National Statistics (ONS) last week published employment figures for the three months to January which showed that more than 90% of new jobs were full-time. "That doesn't mean they are high-quality jobs," ... Read more...
23 March 2019
Steve Machin, head of the London School of Economics Centre for Economic Performance, says more people of pensionable age are staying in the workforce: "The rise in labour force participation of older people is very stri... Read more...
But recent research by economists Nikhil Datta, Giulia Giupponi and Stephen Machin suggests that undesired zero-hours contracts may have become more ... [paywall] ... Read more...
14 February 2019
John Van Reenen comments on whether executives in many industries are sold on the technical revolution. "There is a big debate on whether robots are really delivering on the productivity benefits they might promise." ... Read more...
09 November 2018
Alan Manning estimates that a minimum wage set at 50% of the median earnings will not result in big job losses. Manning's work had direct impact on the design of the UK National Minimum Wage in 1999, and some initial imp... Read more...
02 November 2018
Research by CEP Economists Nikhil Datta, Giulia Giupponi and Stephen Machin. "A report recently undertaken by three labour market economists has found that 44% of workers on zero-hours contracts would like more workin... Read more...
13 October 2018
Even so, some in industry have suggested that the latest rise in female unemployment is down to the large number of high street retailers and hospitality businesses closing or restructuring. Guy Michaels, asso... Read more...
22 March 2018
In accordance with the theory of skill-biased technological change, many researchers are convinced that automation predominantly threatens low-skilled workers, who are at risk of being substituted for intellig... Read more...
19 December 2017
Richard Layard and his co-workers wanted to know how much money the British government has to allocate to reduce mental illness, physical ill health, unemployment and poverty. They concluded that the cheapest ... Read more...
26 November 2017
There is new evidence that raising the minimum wage pushes business owners to replace low-skilled workers with automation. And it shows that old, young, female and black low-skilled workers face the highest ... Read more...
17 August 2017
There is new evidence that raising the minimum wage pushes business owners to replace low-skilled workers with automation. And it shows that old, young, female and black low-skilled workers face the highest le... Read more...
Snippet.. There seems to be a common consensus that anything is better than being unemployed – even working in a job that does not pay well and in which you have little control over your working conditio... Read more...
15 August 2017
Researchers are divided on whether bad jobs are worse for wellbeing than unemployment, write Tony Beatton, Paul Frijters and Nattavudh (Nick) Powdthavee Given a generally stronger social norm for men to be ... Read more...
04 August 2017
At which point a little thumbnail sketch of what we're worried about in the US labour market. Traditionally the US has had very little long term unemployment. Sure, the general rate rose in recessions, fel... Read more...
07 July 2017
What explains this persistence? The results of our recent work suggest some considerations. The evolution of economic activity throughout the country has systematically favoured at the expense of other area... Read more...
23 June 2017
There are three reasons to be sceptical about the Bank’s forecasts for the growth in earnings in future years, and hence the recovery in real wages. One is that unemployment may not stay as low as 4.5 pe... Read more...
17 May 2017
One reason for the weakness of earnings growth is the ferocious squeeze on public sector pay, which – stripped of bonus payments – is rising at just 1.3% a year. A second factor is that employers a... Read more...
… Labor economists of the United Kingdom, as well as co-author of both Richard Layard that Steven Nickell, we need the introduction of the NAIRU in 1986. Related publications Combatting Unemployme... Read more...
16 March 2017
Youth and young adults are especially vulnerable to mental illness "We found, persistently and in all countries, that mental health problems are the leading causes of suffering", says Richard Laya... Read more...
15 March 2017
Article includes nine charts to help provide an answer to 'And what is the real impact of immigrants on the rest of the workforce and the wider economy?' including: Jonathan Wadsworth a researcher at the London School ... Read more...
05 October 2016
Truth and myth about the effects of openness to trade In other rich countries, regions or industries with heavy exposure to Chinese imports also suffered material losses in factory jobs. A study of Spain's jobs market b... Read more...
01 October 2016
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said that Britain's Brexit decision will have both short-term and long-term consequences. ''There is a lot of uncertainty ab... Read more...
01 July 2016
Why did so many millions of people vote to leave the European Union? ... Some new research by the labour market economists Brian Bell and Stephen Machin, seen by The Independent, suggests the Leave vote tended to be big... Read more...
26 June 2016
Labour MPs now walk around saying that immigration reduces domestic wages, that the rich man has got a cheaper plumber, but the indigenous plumber has had to reduce his fees. Usually this argument is framed as an assault... Read more...
25 June 2016
A feeling of anger and frustration with the European Union is strongest in areas of Britain that have seen wages stagnate in recent years, according to research commissioned by the Financial Times. Two leading labour... Read more...
23 June 2016
In keeping with the fishy origins, it seems "kippers" are on the rise. Kippers? Yes, you heard it correctly. Some wag has come up with Kids In Parents Pockets Eroding Retirement Savings. It's eve... Read more...
26 May 2016
Cornell's Richard Burkhauser has co-authored (with Jan-Emmanuel De Neve and Nattavudh Powdthavee of CEP) a research paper that contends a person's satisfaction drops as the percentage of overall income held by the very r... Read more...
06 April 2016
A research paper by Richard Burkhauser, Jan-Emmanuel De Neve and Nattavudh Powdthavee contends that a person's satisfaction drops as the percentage of overall income held by the very rich in a country rises. However, the... Read more...
31 March 2016
John Van Reenen interviewed, giving his expert opinion on falling income levels. This interview was broadcast by the BBC World Service programme 'The Inquiry' on March 8, 2016 Link to interview here Related links Jo... Read more...
08 March 2016
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,... Read more...
04 October 2015
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity ... The interview was published online by Eagle Radio News on September 2, 2015 [Link unavailable] Relate... Read more...
02 September 2015
In any recession, young people tend to suffer first. Moreover, unemployment among 16-24-year-olds was edging up even before the financial crisis. Youngsters have since faced a ''double whammy'' of scarcity of work and fa... Read more...
20 August 2015
Article by Georg Graetz and Guy Michaels The authors say that: ''Industrial robots boost productivity and growth, but effect on jobs is an open question''. This article was published online by the LSE Business Review o... Read more...
13 August 2015
Article by Georg Graetz and Guy Michaels Robots may seem dangerous not only to cinema action heroes but also to the average manufacturing worker. To assess whether such concerns are well founded, Guy Michaels and Georg ... Read more...
10 August 2015
Robots and automated processes have become a feature of many modern workplaces, but what impact do such innovations have on productivity and jobs? Using a new dataset, Georg Graetz and Guy Michaels present an analysis of... Read more...
05 August 2015
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. Researchers analyzed for the first time the economic impact of industrial robots, us... Read more...
20 June 2015
Scientists Georg Graetz of the Uppsala University and Guy Michaels of the London School of Economics come to the following conclusion: the average over 10 percent of increase of the gross domestic product and 15 percent ... Read more...
19 June 2015
In fact, there is not much evidence on how even today's automation is affecting employment. Guy Michaels and his colleague Georg Graetz at the London School of Economics recently looked at the impact of industrial robots... Read more...
16 June 2015
Provided in a new paper from London's Center for Economic Research [sic], the analysis offered by George Graetz and Guy Michaels of Uppsala University and the London School of Economics, respectively, offers some of the ... Read more...
Spain needs to strip away the barriers to creating high-quality jobs instead of focusing on budget cutting if the country is to tackle its deficit problem, according to Luis Garicano, the economic policy chief at pro-mar... Read more...
04 June 2015
Corporate greed isn't good, but it might not be as bad for inequality as we thought - or at least not in the way we thought. Now it seems pretty obvious that inequality must have something to do with executive pay. After... Read more...
29 May 2015
Few politicians have a credible plan to ensure that Britain's young people can make their way in the world. But Labour at least recognises the problem. In the UK too, as LSE's Steve Machin argues, ''productivity improvem... Read more...
29 March 2015
According to Bank of England, earnings should be rising by 4 percent a year, but they are struggling to get above 2 percent - it is time the government and employers tilted wages in favour of labour. There was a time, ... Read more...
Article by Georg Graetz and Guy Michaels Robots' capacity for autonomous movement and their ability to perform an expanding set of tasks have captured writers' imaginations for almost a century. Recently robots have eme... Read more...
18 March 2015
Article by Brian Bell, Anna Bindler and Stephen Machin Recessions can lead to an increase in youth unemployment, which could later negatively affect labour market outcomes. This column explores the effect of recessions ... Read more...
04 March 2015
Stephen Machin, professor of Economics at University College London, says, ''Creating jobs with decent pay as innovative technologies evolve is a challenge, given the UK's traditional difficulties in generating good jobs... Read more...
28 January 2015
To see my point, consider this paper by Alex Bryson and George MacKerron. They show that I'm not unusual. They asked people at random times of the day how happy they were and what they were doing. They found that people ... Read more...
14 November 2014
Much attention of researchers and policy-makers has been directed at the effects of immigration on the wages and employment of natives in the host country (for example, Friedberg and Hunt 1995; Manacorda et al 2012; Dust... Read more...
05 November 2014
The more persistent problems are stagnant pay and insecure employment terms. But these problems, too, are heavily concentrated on the young. British labor market experts Paul Gregg and Stephen Machin calculate that where... Read more...
21 August 2014
What's the best way to measure Europe's youth unemployment problem? ''Long-term unemployment and youth unemployment are the two [issues] that need more targeting, but we should especially try to avoid the combination of ... Read more...
16 July 2014
Article by Christopher Pissarides The Need For Social Dialogue To Improve Distribution Eurofound stands for Improvement of Living and Working Conditions through social dialogue. Currently, in the midst of high unemploy... Read more...
23 June 2014
For the market to maintain the flexibility that is needed, the matching of workers to jobs should be as efficient as possible. Government, business and the education sector need to do more to make this happen. It is faci... Read more...
17 June 2014
Abgesehen davon gibt es generelle MaBnahmen, die sowohl den Einwanderern, als auch den Einheimischen selbst zugute kommen. Richard Layard wirbt beispielsweise für eine fortschrittliche Steuerpolitik, um die wirtschaftli... Read more...
16 June 2014
48 per cent of European adults between 18 and 30 now live with their parents, an increase from 44 per cent at the onset of the economic crisis in 2007. But the highest number is in Italy, with 79 per cent. That's up from... Read more...
27 April 2014
The Great Recession has brought with it a significant increase in the long-term unemployed. This is especially concerning as long-term unemployment has detrimental effects on the individuals involved, affecting mental an... Read more...
22 October 2013
Combatting Unemployment is a collection of key papers from seminal labour economists Richard Layard and Stephen J. Nickell. The authors received the IZA Prize in Labor Economics in 2008 for their path-breaking wor... Read more...
19 May 2011