Bloomberg UK Politics cover image

The Power of Prices: Does Labour Need To Worry About Inflation?

Bloomberg UK Politics

CHAPTER

Understanding Employment Data Discrepancies and Policy Implications

This chapter examines the notable shortfall of about 930,000 employed individuals in the UK and the challenges faced by the Office for National Statistics in obtaining accurate data due to declining survey response rates. It underscores the critical role of precise employment statistics in informing fiscal policies and economic initiatives.

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