They may look similar, but US and European labour markets are on different paths
capitaleconomics.substack.com
By Neil Shearing The US and Europe adopted very different approaches to providing labour market support during the pandemic but as their economies re-open they appear to be experiencing similar problems: worker shortages, a growing number of unfilled vacancies and wage pressures in some sectors. What’s going on?
They may look similar, but US and European labour markets are on different paths
They may look similar, but US and European…
They may look similar, but US and European labour markets are on different paths
By Neil Shearing The US and Europe adopted very different approaches to providing labour market support during the pandemic but as their economies re-open they appear to be experiencing similar problems: worker shortages, a growing number of unfilled vacancies and wage pressures in some sectors. What’s going on?