It all depends on the jobs that are being done. France, Germany and Italy to a lesser extent have large manufacturing bases, jobs that can be done a hell of alot cheaper in anywhere east, Europe or Asia. The UK doesn't. Oh sure there's bits and bobs and a few specialist firms, but that's the keyword. Specialist and requires a high level of knowledge and experience to get it done. The UK economy is now mainly services and other non-manual jobs.
I would say that's one of the reasons why average Eurozone unemployment rate is 10%+ and rising while the UK rate is less than 5% and falling. Of course there are others, but you can't lose a job you don't have.
What will happen in the future? Well prediction is a mugs game so I'm keeping my mouth shut
Re: Future of the EU
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