Pantheon Macroeconomics

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25th Oct 2023 19:37U.K., Daily Monitor

  • A key driver of the rise in the labour supply over the past decade has been fewer people looking after family/home.
  • Childcare reforms, due to be rolled out in April 2024, look set to provide a further boost of around 0.2pp...
  • ...A lower birth rate also will help; we see a 0.7% rise in the workforce each year over the next three years.

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Keywords for: 27 October 2023 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence