The strength of the UK's jobs market is not as simple as it seems | Larry Elliott

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If companies were really taking on more people as a result of Brexit jitters, there’d be more part-timers

There is a straightforward explanation for the continued strength of the UK jobs market. Firms are reluctant to invest because acute Brexit uncertainty means it is nigh on impossible to forecast future demand. Rather than be left with a bit of unwanted and expensive kit on their hands, businesses have taken on more workers instead.

 

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