Labour Market Trends, Cycles and Outlook
DOI:
https://doi.org/10.26686/lew.v0i0.954Abstract
This paper outlines recent developments in the labour marker, and discusses the likely outlook over coming years. Changes in labour market measures in the past five years have, to varying degrees, been reversals of the changes that occurred in the late 1980s. There are some exceptions to this statement, and differences in the extent of reversal. In this paper we discuss how today's labour market differs from that of the mid-1950, which differences will persist, and what commentators forecast for the coming years.
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