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Ian Brinkley

Jobs rich and productivity poor recovery may not be sustainable

Authors: Ian Brinkley Ann Kharbanda

28 January 2014

For immediate release: 28 January  2014 


Commenting on today's GDP figures, Ian Brinkley, chief economist at The Work Foundation, said: 

The latest preliminary GDP figures confirm a firmly based, if not spectacular, recovery is underway. However, with employment growing faster than GDP the productivity figures for the final quarter of 2013 are likely to be very poor. Preliminary GDP figures in recoveries are often revised upwards, so the underlying position may be a bit better than we think. Either way, however, we have a jobs rich and productivity poor recovery and that may not be sustainable over the medium term.”



Ends

Notes to editors

1. Ian Brinkley, chief economist, and Charles Levy, senior economist, are available for interviews, briefings and written comment.
2. The Work Foundation aims to be the leading independent, international authority on work and its future, influencing policy and practice for the benefit of society. The Work Foundation is part of Lancaster University – an alliance that enables both organisations to further enhance their impact. 

3. Read Ian Brinkley's blog ' It's productivity that matters for future living standards'  



Media enquiries: 

Anna Kharbanda 020 7976 3646
akharbanda@theworkfoundation.com