The UK productivity puzzle ? or is it?

There was a time when it was normal for the productivity of labour in the UK to be rising year by year, and for money wages increases to reflect this by forging ahead of price increases. The last few years, however, seem to have turned these norms upside down. Has the economy hit an iceberg, or just an unusually strong headwind?

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Read the full blog post here

Source: http://www.iea.org.uk/blog/the-uk-productivity-puzzle-%E2%80%93-or-is-it

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