UK see largest contraction in Labour Force since the 1980s
Workplace Insight
SEPTEMBER 16, 2024
Had the original position been maintained, the economy would be £25 billion larger annually, with public finances £16 billion better off. percentage points, equating to 800,000 fewer people in the labour force—more than double the contraction seen after the 2008/9 recession. percentage points across the OECD.
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