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London School of Economics study predicts Brexit will cost average UK worker £470/year by end of the decade; UK becoming more closed economy due to Brexit, with damaging long-term implications, such as lower productivity across economy by 1.3% by 2030

S&P Global Eurozone Productivity PMI in May fell to 50.1 from 50.7 in April; service providers signalled further improvement in workforce efficiency, while producers indicated losses as output growth dampened by supply-chain issues, inflationary pressures

UK firms begin participation in a global study in which employees work four days/week with full pay instead of five; study spans the US, Canada, UK, Ireland, Australia and New Zealand, is aimed at measuring productivity, wellbeing of staff over six months

Labor productivity of Canadian businesses fell 0.5% in Q1, the seventh consecutive quarterly decline, 1.3% below pre-pandemic level; economic activity and labor market affected by tightening public health measures in January: Statistics Canada

US nonfarm business sector labor productivity decreased 7.3% in Q1, the largest decline since Q3 1947; output decreased 2.3% and hours worked increased 5.4%: BLS

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