Tag: Labour Market
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Visual guide to the euro area economy
The following data is sourced from either the statistical office of the European Union (Eurostat) or the ECB. The graphs and most of the text were originally created by the author for another work. A picture is worth a thousand words Finding the time to read the latest economic reports and analyses can be a…
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Why central banks are so reluctant to cut rates
Should tight financing conditions that are thwarting economic growth be lifted? As inflation keeps plummeting, cutting rates is a question of «when», not «if».
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The labour market: Europe’s greatest inflationary pressure of 2024?
With the unemployment and job vacancy rate achieving record figures of a low 6.5% and high 2.9% respectively, Europe’s producers are feeling the pinch of growing unit labour costs. Post pandemic job recovery has been strong, with expansionary government initiatives supporting economic growth; expansion and overheating that resulted in soaring inflation last year. The subsequent…
