Why unemployment – and bad jobs – carry hidden social and political costs
- Written by Peter Howley, Professor of Economics and Behavioural Science, University of Leeds
Irene Miller/ShutterstockThe outlook for job seekers in the UK appears to be taking a turn for the worse. Weak economic growth and continued uncertainty for employers have led to forecasts that unemployment will hit 5.3% this year.
In politics, the debate typically follows a familiar pattern: creating jobs, tackling unemployment and making sure...
