The home ownership boom is pushing up unemployment
Article Abstract:
The strong rise in home ownership in the UK has had a significant impact on the labour market, according to professor Andrew Oswald of Warwick University. A person who owns his or her own home and becomes unemployed is much less likely to try to move to another part of the country to seek employment than someone who is living in rented accommodation. Policies aimed at reducing unemployment do not take housing into account, and little attention has been given to the geographical distortion of the economy which results from a high level of home ownership.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Millions are ready to vote with their hearts on unemployment
Article Abstract:
The UK government is trying to ensure that as little attention as possible is given to the sensitive issue of unemployment. The level of unemployment has fallen every month for more than two years, but there are still at least 2.2 million people out of work. This is causing considerable concern for many of the people who are lucky enough to be in employment. A further Labour government is likely to give considerable attention to labour market policy.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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Why bonds are scaling new heights
Article Abstract:
Bond markets across the world are showing the highest prices and lowest yields since the late 1960s. The gap between bond and equity yields is closing rapidly, indicating that investors have undertaken a basic re-rating of bonds in relation to equities. The vast majority of observers believe that bond markets will remain strong. This is because inflation has fallen worldwide during the 1990s and government deficits have declined.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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