Report
What rise in structural unemployment due to changes in labour productivity?
A decline in productivity gains, since it is not fully offset by a related fall in real wages, leads to a rise in the structural unemployment rate. We estimate the link between productivity gains and the structural unemployment rate in the United States and the euro zone, and the recent trend in the structural unemployment rate. The decline in productivity gains has caused the structural unemployment rate to rise by 3.8 percentage points in the United States and 2.4 percentage points in the euro zone.
Provider
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.
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.