Definition of the output gap - the difference between actual and potential output. Diagram | Causes | Explaining with diagrams and examples - negative and positive output gap.| Economics Help
Labour productivity measures the output per worker in a period of time. Recent graphs/stats. Factors affecting labour productivity and implications for economy.| Economics Help
A selection of graphs and statistics on UK unemployment. Also, looking at factors that explain changes in UK unemployment. Why unemployment was lower in the 2000s and 2010s than 1980s and 90s. A success story of the UK economy? Raw data: Labour market data | Source: ONS MGSX (LFS)…| Economics Help
We have frequently heard the statement that we are experiencing the worst recession since the 1930s, but data released from the ONS shows that the fall in GDP is actually more prolonged in the current 2008-12 recession than the Great Depression of the 1930s. source: Office of National Statistics (pdf):…| Economics Help
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