Introduction
I. Developments through 1972
-The course of demand
-The sterling float, trade and payments
-Monetary developments and policy
-Wage and price developments
II. Prospects for 1973
III. The labour market in the United Kingdom
-Introductory remarks
-Recent unemployment experience
-Regional aspects
-The regional policy background
-The policy impact
-Policy implications
IV. Conclusions
Annexes
A. A calendar of economic events in 1972
B. Activity rate tables
C. UK unemployment statistics
Statistical Annex