Japan’s Labor Crunch Fuels Wage Growth—and Rate Hike Bets
Japan’s Central Bank is walking a tightrope between labor shortages and inflation worries. Governor Kazuo Ueda told the Jackson Hole gathering that a “tight labor market is expected to ...
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Labor & Demographics
Europe’s Growth Hinges on Migrant Labor
Can Europe keep growing if borders close? European Central Bank President Christine Lagarde spoke candidly at Jackson Hole, warning that foreign workers drove half of eurozone job growth since 2022, ...