Sustained period of declining labour productivity represents a continuation of the UK's 'productivity puzzle'
Labour productivity, as measured by output per hour, was down 0.2% in Q1 2019, when compared to the same quarter in 2018, according to Office of National Statistic (ONS) figures. These findings make Q1 the third consecutive quarter of contraction for UK productivity. According to the ONS, this sustained period of declining labour productivity represents a continuation of the UK's ‘productivity puzzle', with productivity since the economic downturn in 2008 growing more slowly than during the long...
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