Report
The US labour market has deteriorated considerably
For the past 20 years in the United States we have seen: A downward trend in the participation rate and the employment rate; Increasing hiring difficulties. This is not explained by a decline in labour demand, since income distribution has become skewed against employees and there are increasing hiring difficulties, but probably by a deterioration in the labour force's skills and employability. The consequences are serious for the United States: Decline in potential growth; Rising income inequality and poverty; Political tensions.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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