We Need To Deal Imaginatively With the Post-Brexit Labour Shortage
Pryce, Vicky (2023) We Need To Deal Imaginatively With the Post-Brexit Labour Shortage. Birmingham City University, Centre for Brexit Studies Blog.
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We Need To Deal Imaginatively With the Post-Brexit Labour Shortage.pdf - Published Version Download (117kB) |
Abstract
The economy was stagnant in February . But at least we are at last back to pre-pandemic levels of output. And with the UK seemingly so far having avoided a technical recession, the good news is that the IMF have upgraded their expectations for the UK for 2023 . They now expect a smaller fall of just 0.3% for the year as a whole and return to positive growth in the years after.
But that growth is likely to remain below earlier averages, constrained partly by a shortage of labour which is keeping UK inflation above many of our competitors. So this is the policy conundrum- how to ensure the supply of people in the labour force remains strong to allow for that growth to get back to previous long term averages but without it fuelling a wage/price spiral.
| Item Type: | Other | ||||
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| Uncontrolled Keywords: | Centre for Brexit Studies, CBS, Brexit, BCU, EU, European Union, UK, Birmingham City University, UK Government, UK politics | ||||
| Subjects: | CAH15 - social sciences > CAH15-03 - politics > CAH15-03-01 - politics | ||||
| Divisions: | Research, Innovation, Enterprise > Centre for Brexit Studies | ||||
| Depositing User: | Gemma Tonks | ||||
| Date Deposited: | 10 May 2023 13:30 | ||||
| Last Modified: | 10 May 2023 13:30 | ||||
| URI: | https://www.open-access.bcu.ac.uk/id/eprint/14379 |
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