Labour market unaffected by Brexit vote ... for now - News Summed Up

Labour market unaffected by Brexit vote ... for now


Britain’s labour market after the EU referendum looks a lot like it did before the Brexit vote. The latest data from the Office for National Statistics provide little evidence of any major disruption to the labour market either before or after 23 June. Perhaps unsurprisingly, the ONS figures are making economists more cautious in their assessments of the impact of the Brexit vote on the economy. “Our first look at the post-Brexit-vote labour market shows a similar picture to the one we had before the vote,” said Laura Gardiner of the Resolution Foundation thinktank. “It could be some time before we see any ‘Brexit effects’ – good or bad – in the official figures.”Wage growth slows after Brexit vote Read moreJohn Philpott, who runs the Jobs Economist consultancy, has a similar take.


Source: The Guardian September 14, 2016 11:27 UTC



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