Jennifer Smith analyses the newly released UK labour market statistics.

Prof. Jennifer Smith from Warwick Economics analyses the newly released UK labour market statistics.

Her analysis focuses on UK Employment and Labour Market Flows and starts from the following question: since UK employment has risen by more than half a million over the last year, and employment is now back to pre-recession levels, why has employment performed so well, despite output 'bumping along the bottom' and remaining 3% below its pre-recession peak?

Follow her at @JCSmithecon for updates on the latest labour market statistics and read the full analysis on her blog at http://labormacro.blogspot.co.uk/2012/11/uk-employment-and-labour-market-flows.html