Despite relatively sluggish GDP growth in the first half of 2017, jobs growth has maintained a solid pace, with the unemployment rate having now fallen below the Monetary Policy Committee’s (MPC) estimate of its “equilibrium” rate. Accordingly, with limited slack left in the labour market, for how much longer can the improvement in the jobs market continue?
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services