In addition to the many cyclical crosscurrents, the economy has also been hampered in recent years by several structural trends. Weakness in labor force and productivity growth have weighed on the underlying GDP trend and represent ongoing risk factors for the years ahead. Part one of our two-part series on the risks that weigh on economic growth focuses on the labor force.
- How much of the pandemic’s impact on the labor force is still noticeable today?
- Is there a risk that “The Great Resignation” becomes permanent?
- How does the labor market impact the economic growth rate?
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