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Labor Market Reform in the United Kingdom: From Thatcher to Blair

By: Addison, John T.; Siebert, W. Stanley | Journal of Private Enterprise, Spring 2000 | Article details

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Labor Market Reform in the United Kingdom: From Thatcher to Blair


Addison, John T., Siebert, W. Stanley, Journal of Private Enterprise


The United Kingdom's labor market reform experience, broadly defined, has attracted considerable attention in the United States for the main reason that it is the European counterfactual, having gone in an opposite direction from other European Union (EU) member states for most of the past two decades.1 It is closer to the United States than any other Europan country, having followed the deregulatory path begun in that nation. Americans, long accustomed to seeing Europe's problems as largely brought about by labor market rigidities, often look beyond their own experience to the U.K. for additional confirmation of the benefits of labor market flexibility and deregulation. Crudely put, in …

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