Pre-recession signals lurk in UK jobs data: research

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Pre-recession signals lurk in UK jobs data: research
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Beneath the headline figures showing a strong British labor market, the ebb and ...

LONDON - Beneath the headline figures showing a strong British labor market, the ebb and flow of jobs and businesses being created and destroyed is showing a pattern associated with the onset of recession, research suggested on Monday.

But academics at the Enterprise Research Centre, a research network, said there were some unpromising signals when looking at the jobs data split between new and existing firms. The authors of the report said this trend should be viewed in a longer-term context, rather than as a result of temporary Brexit uncertainty sweeping the economy.

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