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In this Briefing Note, we briefly describe trends in UK productivity over the recent recession - which ran from the first quarter of 2008 to the last quarter of 2009 - and how they compare with those in the US.
Section 2 describes the path of output and hours worked, and shows how this has translated into labour productivity. Section 3 compares the changes in hours worked and the number of workers. Section 4 concludes.
Authors
CPP Co-Director, IFS Research Director
Rachel is Research Director and Professor at the University of Manchester. She was made a Dame for services to economic policy and education in 2021.
Report details
- DOI
- 10.1920/bn.ifs.2010.0097
- Publisher
- Institute for Fiscal Studies
Suggested citation
Griffith, R and Miller, H. (2010). UK productivity in the recession. London: Institute for Fiscal Studies. Available at: https://ifs.org.uk/publications/uk-productivity-recession (accessed: 3 December 2024).
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