John R. Ireland
Abstract
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There is now clear evidence of the downturn in the UK economy. GDP growth has fallen back in the second quarter to 2.1% year on year. The slowdown has also spread to the labour market with employment now falling and unemployment flat according to the ILO definition.
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There is now clear evidence of the downturn in the UK economy. GDP growth has fallen back in the second quarter to 2.1% year on year. The slowdown has also spread to the labour market with employment now falling and unemployment flat according to the ILO definition.
Key concepts: Unemployment, Quarter (Canadian coin), Economics, Recession, Falling (accident), Economic slowdown, Slowdown, Economy