The impact of Brexit on UK trade and labour markets

Tajda Spital and Katrin Forster van Aerssen

Economic Bulletin Articles, 2023, vol. 3

Abstract: This article reviews the impact of Brexit on recent developments in UK trade and labour markets. While it will take some time for the full impact of Brexit to emerge and the coronavirus (COVID-19) pandemic is a confounding factor, the available data allow a first stocktake of the effects of Brexit. While significant uncertainties regarding the precise magnitudes remain, the available evidence suggests that Brexit has been a drag on UK trade and has contributed to a fall in labour supply. JEL Classification: F1, E24

Keywords: labour market; Trade; United Kingdom (search for similar items in EconPapers)
Date: 2023-05
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbart:2023:0003:1

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