UK – Official statistics portray a very pessimistic image of labour market

Reuters with this fascinating piece:

• Britain’s official labour market statistics could also be failing to rely virtually 1 million people who find themselves in work
• may additionally be overestimating the variety of employees who’ve dropped out of the roles market
• suppose tank information carefully tracked official employment numbers till 2020. Since then it has diverged sharply.

Poor information has implications for Financial institution of England selections, and for different coverage makers.

Right here is the hyperlink for extra.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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