unemployment Flashcards
what did Thatcher’s gov see as the key economic threat to the economy?
inflation - controlling inflation important, maintaining low levels of unemployment no longer primary aim
what led to rise in unemployment?
British industry aim to be more competitive, this meant many industrial plants closed down permanently
what were the worst hit areas of unemployment from permanently closed down industrial plants?
the Midlands, the North, central Scotland and south wales
what was ‘DeIndustrialisation of Britain’?
manufacturing output fell by 15% in 2 years
in West Midlands , deindustrialisation of Britain can be seen as production fell by?
production fell by ¼
steel production alone was cut by?
30%, to less than 14 million tons
by 1983 unemployment rose to? what percent was this of the total workforce
over 3 million , highest ever been in the post-war period (13.5% of total workforce)
what was put in place to combat unemployment? (youth)
Youth Employment schemes whereby employers received a subsidy to take young people on
what was reduced to combat unemployment?
Employer national insurance rates were reduced for lower paid jobs
despite attempts to combat unemployment ?
the rate did not fall below 3 million until 1987
gov remained firm in conviction that
controlling inflation more important than controlling unemployment
areas dependent on heavy industry, e.g Liverpool what was the rate of unemployment?
unemployment at 60%
workers found traditional skills not in demand this meant?
men hit harder than women and in many homes women became the main breadwinners
April-June 1985 what percentage of the population were unemployed?
11.4%
