BoE's Bailey: Worker shortage weighs on UK's growth | Metals Mine

  • BoE's Bailey: Worker shortage weighs on UK's growth

    From breakingthenews.net

    Bank of England (BoE) Governor Andrew Bailey told policymakers at the Federal Reserve's Jackson Hole Symposium that the United Kingdom's long-term growth prospects hinge on reversing a decline in workforce participation. He stressed that the core labor market issue is not unemployment but the number of people who have left work altogether. Bailey added that if this does not change, economic progress will depend heavily on stronger productivity. Bailey said productivity gains will be vital to offset the shortfall in labor supply, adding that this has left the UK with the hurdle to raising the economy's "potential ... (full story)

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Trader#0C1E
Aug 24, 2025 5:52am
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What an insipid word salad. I can only assume this is intentionally meant to offend anyone reading it who has an grasp of reality. This "workforce participation" myth has been invented by globalists to justify mass migration. There was never any such problem in Britain or anywhere else. It's a lame duck. we are not buying your pathetic excuses for mass migration any more. Fade away chrome dome.
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TA2000
Aug 24, 2025 10:31am
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Mass migration is a horrible idea, a disaster and promoted by the intellectuals yet idiots.
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champeun2
Aug 31, 2025 8:12am
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well what couldyou expect from the central bank government
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Trader#2FDF
Aug 24, 2025 2:30am
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So fake…. ZZzzzz manipulation the market is what they are good of …. Look at GBP/JPY , EUR/JPY, so much manipulation lolzzz still talk so much
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Trader#35B4
Aug 24, 2025 2:27pm
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The third world war is coming, so be prepared.
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