Emilia Soldani, Orsetta Causa, Nhung Luu, Michael Abendschein
Labour shortages can tamper economic activity, aggravate supply bottlenecks, and trigger increases in inflation. This column presents a recent cross-country analysis by the OECD which shows that labour shortages have been on the rise in a number of advanced economies, and tend to be concentrated in industries characterised by contact-intensive, low-pay, and, more generally, low-quality jobs. Public policy interventions encouraging flexible working arrangements, training, and adequate pay could help address labour shortages while spurring economic growth and social mobility.
Πηγή: Voxeu