Why Jobs are Plentiful While Workers are Scarce
In the US and UK, the recent labor market puzzle can be partly explained by mismatch, the pandemic’s effect on women (in the US) and older workers leaving the work force.
Chart of the WeekAging Economies May Benefit Less from Fiscal Stimulus
By Jiro Honda and Hiroaki Miyamoto
In the midst of the current COVID-19 pandemic, policymakers around the world are undertaking fiscal stimulus—a combination of spending increases and tax reductions—to support their economies. […]