Skip to main content


Understand The Economy: 7. Jobs and Unemployment (podcast)

What happens when lots of people lose their jobs? Why might wages be low even though everyone who wants a job, has one? What do we mean by employment and unemployment and what does 'economic inactivity' mean? What is productivity and how does it relate to you and your job? Richard Davies is a guest on this podcast hosted by Tim Harford.

Richard Davies and Tim Harford

29 November 2022

BBC Radio 4

This work is published under POID and the CEP's Growth programme.