Briefing Note (BN97)

UK productivity in the recession

Date: 23 April 2010
Authors:
Publisher: Institute for Fiscal Studies
DOI: 10.1920/bn.ifs.2010.0097

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.