Productivity gap narrows

New OECD figures published today suggest the ‘productivity gap’ between the UK and other economies including France, Germany and the USA is smaller than previously thought. The latest estimates follow a re-appraisal of how each country measures the number of hours worked. The development of these improved numbers is in part down to work at ONS.

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Working 9 to 5? – How we count unemployment and what the numbers show

For months now, UK employment has been sitting at or near record highs. Naturally there has been speculation about what is driving the increase, and whether it is mainly because of people on ‘zero hours contracts.’ Jonathan Athow delves into the figures to show how we measure this important figure and what being ‘unemployed’ actually means for official statistics.

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