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 Clifford Beaumont - British Productivity Decreases- Clifford Beaumont - British Productivity Decreases
- October 20, 2017
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Less skilled labor entering Britain as a result of Brexit may make it more difficult for annual productivity to recover say Clifford Beaumont economists.
British productivity decreased at its most rapid rate in 4 years during the last year after the nation voted in favor of departing from the European Union in a June 2016 referendum. This rapid drop highlights the problems facing the British economy as Brexit looms.
The UK has fought to coax greater productivity from its workers for some time as numerous firms have engaged additional labor instead of investing in needed equipment. Although salary growth has been unimpressive, this move has co...
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