Britain’s Labor Market Data to Keep Defying Brexit Mayhem

(Bloomberg) -- The U.K. jobs market probably remained buoyant at the start of the year, even as the economy suffers from Brexit uncertainty. Bloomberg Economics expects gross domestic product to rebound in the second quarter if there’s a deal to exit the European Union and for the unemployment rate to slip below 4 percent later this year. The last time U.K. unemployment was below that level was in 1975 when Britain first held a referendum on whether to stay in the European Economic Community.

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