The Recent Decline in United Kingdom Labor Force Participation Causes and Potential Remedies |
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| Author:
| Li, Gloria
Mulas-Granados, Carlos |
| Series title: | Selected Issues Papers |
| ISBN: | 979-8-4002-4855-9 |
| Publication Date: | Jul 2023 |
| Publisher: | International Monetary Fund
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| Book Format: | Digital download |
| List Price: | Free of charge contact
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Book Description:
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This paper studies the puzzling decline in labor force participation observed in the UK following the pandemic. Retirement and long-term sickness appear to be the main drivers, with chronic illness remaining a lingering distinctive factor vis-a-vis peer countries.
This paper studies the puzzling decline in labor force participation observed in the UK following the pandemic. Retirement and long-term sickness appear to be the main drivers, with chronic illness remaining a lingering distinctive factor vis-a-vis peer countries.