growth patterns shows that regime changes are quite common in both economic growth and employment growth, yet they are not …

this had on labor productivity also played a role. In many countries, post-2007 employment losses were modest, as real … this context, the paper discusses the different experiences of the UK (where employment increased) and Spain (where it fell … sharply), and finds that almost two thirds of the employment losses in Spain resulted from the failure of real wages to adjust …