Report
Patrick Artus

Three different adjustments as a result of hiring difficulties

We compare the United States, the United Kingdom and the euro zone, three countries (regions) where hiring difficulties reported by companies are very different. But reactions to hiring difficulties are also different: In the United States, until the second quarter of 2021, the adjustment was made through higher productivity gains that offset the difficulty in increasing employment; In the United Kingdom, the adjustment has been made through wage increases, to try to attract more employees to vacant jobs; In the euro zone, there have been neither faster productivity gains nor larger wage increases, as hiring difficulties are not preventing companies from hiring at the moment.
Provider
Natixis
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.

 

Analysts
Patrick Artus

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