Brexit isn't an economic calamity. Far from it.

It might actually turn out well for British workers

Workers may initially reap the benefits of Brexit.
(Image credit: BEN STANSALL/AFP/Getty Images)

June's Brexit vote brought an avalanche of predictions that leaving the European Union would wreck Britain's economy. But what if, for most British workers, Brexit turns out to be a net plus?

Despite a big (but hardly cataclysmic) drop in the value of the British pound, experts are already walking back predictions that Brexit would lead to an immediate recession. Things may still change, as Britain is still negotiating exactly how it will disentangle from the Continent. But so far the country's economy has kept chugging along.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.