Reports on government spending See all

A chart based on labor force surveys (LFS) showing unemployment in the eurozone, Japan and the United States from 2006 until Q1 2020

Post-Covid recovery is not the main challenge ahead

The statistics describing the condition of the world economy three months after the lockdowns seem reassuring: We have not had a V-shaped recovery but GDP growth in the second part of 2020 appears to be firming up and predictions for 2021 are optimistic. However, trouble is brewing in labor markets. 

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