ABSTRACT
At some point in the early 1960s an event took place the significance of which was not fully appreciated until well over a decade later. London-that is, the Greater London area-began to lose jobs. Its rate of growth had been slowing, in common with other big cities, since the 1950s but so far the loss of employment had been relative: it had merely grown more slowly. In 1961 or 1962, the loss became absolute.
