A sustained pandemic with scarring effects would reduce Canada’s economic growth by close to 0.3ppts per annum between 2021 and 2026. Less...

Construction and, to a lesser extent, manufacturing and agriculture were the only UK sectors to suffer significant labour shortages in July,...

Headline CPI inflation rose 5.4% y/y in July 2021, but regional inflation is uneven, with prices up 5.9% y/y in the Midwest and 5.8% y/y in the...

Midwestern and Southern state labor market recoveries are still outpacing the rest of the country. Labor demand has strengthened most strongly in...

The eurozone labour market is heating up. We expect around 2 million jobs will be created from Q2 2021 until the end of the year, recovering...

Enhanced US unemployment benefits are discouraging only a small share of unemployed workers from finding jobs. The disincentive to work is...

We expect a mix of cyclical and structural factors will power above-trend productivity growth in the US in the post-Covid era. These factors...

The labour market recovery has outpaced expectations since the initial COVID19 shock. While the removal of JobKeeper is likely to stall the...

Headline labour market indicators continue to outperform our expectations,with the recoveries in employment growth and participation ahead of...

Our Weekly Economic Briefing examines how the policy gridlock ahead means a renewed focus on fundamentals. Real-time data is sobering, with...