Duncan Weldon
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Senior Economist at the TUC.

Blog Entries by Duncan Weldon

Chancellor Should Heed IMF Advice and Increase Infrastructure Spending Now

(3) Comments | Posted 22 May 2013 | (15:14)

It is perhaps a measure of how low expectations have been set that today's IMF report is being welcomed by many of the government's supporters as "good news".

The Fund notes that GDP per capita is some six per cent below its pre-recession level, that this is the...

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How Long Will Unemployment Continue to Fall in the Absence of Economic Growth?

(5) Comments | Posted 18 July 2012 | (10:30)

Today's labour market statistics brought some much needed good news. The number of people in work rose by 181,000 over the quarter whilst the number of people unemployed (on the broad International Labour Organisation measure) fell by 65,000.

Crucially almost three quarters of the new jobs were full-time positions,...

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