Promising job creation figures look like a symptom of the low wages and falling investment of an imbalanced economyRecessions are usually job killers, so the way in which the UK economy has created new jobs at a time when growth has been so weak has baffled the experts. Employment is up even though national output has been flat over the past year.Economists have been searching high and low for an explanation. Is Britain actually doing a lot better than the official data suggests? If so, the double-dip recession will be revised away in due course. Has the UK become less efficient, …
Full Story Why more jobs may be bad news for British workers
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