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Output and employment in the financial sector

Author

Listed:
  • Barry Williams

    (Office for National Statistics)

  • Valerie Fender

    (Office for National Statistics)

  • Steve Drew

    (Office for National Statistics)

Abstract
This article describes how the quarterly output of the financial services sector is measured in the National Accounts. Then at a sub-sector level, an analysis of recent employment and output trends is presented to describe the impact of the current economic downturn on the activity of the sector. The sub-sectors analysed include banks, building societies, investment trusts, life insurance, non-life insurance and pension funding. Economic & Labour Market Review (2009) 3, 18–25; doi:10.1057/elmr.2009.122

Suggested Citation

  • Barry Williams & Valerie Fender & Steve Drew, 2009. "Output and employment in the financial sector," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 3(7), pages 18-25, July.
    • Handle: RePEc:pal:ecolmr:v:3:y:2009:i:7:p:18-25
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    Cited by:

    1. Pamfili Antipa & Marie-Elisabeth de la Serve, 2010. "International Comparisons of Industry-based Productivity Levels in the Financial and Business Service Sectors," International Productivity Monitor, Centre for the Study of Living Standards, vol. 19, pages 66-81, Spring.

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