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Emeritus Prof Christopher May

One of the problems with the ONS' realisation that labour force survey data is based on too narrow a statistical base (prompting the current period of revisions in method), is not just BoE decisions may have been partly based on a distorted view of the labour market, but also that the prevailing narrative of the UK's difficulties with long term sickness may have been built on a foundation of inaccurate evidence...

It'll be interesting to see what emerges from ONS 'new' evidence

Nov 01, 2023, 07:03 AM·Public·Web
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