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The Labour Market Under ‘New Labour’: The First Two Terms

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  • J. R. Shackleton

Abstract

Since 1997, UK labour market regulation has increased significantly, and this trend seems likely to continue. Yet the UK's performance in terms of employment and unemployment has been broadly satisfactory. The author argues that there may have been offsetting factors in both government policy and the macroeconomic climate that have enabled the labour market to function adequately. However, he suggests that this favourable conjunction may not continue.

Suggested Citation

  • J. R. Shackleton, 2005. "The Labour Market Under ‘New Labour’: The First Two Terms," Economic Affairs, Wiley Blackwell, vol. 25(3), pages 31-38, September.
    • Handle: RePEc:bla:ecaffa:v:25:y:2005:i:3:p:31-38
    DOI: 10.1111/j.1468-0270.2005.00564.x
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    References listed on IDEAS

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    1. Forth, John & Millward, Neil, 2002. "Union effects on pay levels in Britain," Labour Economics, Elsevier, vol. 9(4), pages 547-561, September.
    2. Richard Blundell & Howard Reed & John Reenen & Andrew Shephard, 2003. "The Impact of the New Deal for Young People on the Labour Market: A Four-Year Assessment," Palgrave Macmillan Books, in: Richard Dickens & Paul Gregg & Jonathan Wadsworth (ed.), The Labour Market Under New Labour, chapter 1, pages 17-31, Palgrave Macmillan.
    3. Richard Dickens & Alan Manning, 2003. "Minimum Wage, Minimum Impact," Palgrave Macmillan Books, in: Richard Dickens & Paul Gregg & Jonathan Wadsworth (ed.), The Labour Market Under New Labour, chapter 13, pages 201-213, Palgrave Macmillan.
    4. Paul Gregg & Susan Harkness, 2003. "Welfare Reform and the Employment of Lone Parents," Palgrave Macmillan Books, in: Richard Dickens & Paul Gregg & Jonathan Wadsworth (ed.), The Labour Market Under New Labour, chapter 7, pages 98-115, Palgrave Macmillan.
    5. David Blanchflower & Alex Bryson, 2004. "The Union Wage Premium in the US and the UK," CEP Discussion Papers dp0612, Centre for Economic Performance, LSE.
    6. Faggio, Giulia & Nickell, Stephen, 2005. "Inactivity among prime age men in the UK," LSE Research Online Documents on Economics 19912, London School of Economics and Political Science, LSE Library.
    7. Giulia Faggio & Stephen Nickell, 2003. "The Rise in Inactivity Among Adult Men," Palgrave Macmillan Books, in: Richard Dickens & Paul Gregg & Jonathan Wadsworth (ed.), The Labour Market Under New Labour, chapter 3, pages 40-52, Palgrave Macmillan.
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