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The job dislocation of COVID-19 will reduce global GDP

Location:

INTERNATIONAL

The more jobs that are lost worldwide this year, the more disjointed the economic recovery will initially be

Worker shortages and skills mismatches will hit growth

Location:

INT

High youth unemployment and rising worker retirements are straining labour markets and productivity

COVID-19 will hold back longer EU life expectancy

Location:

EU

The COVID-19 pandemic interrupted the trend adding years to average life expectancy, especially in the eastern EU

Demographic trends will shape economic prospects

Location:

INT

Transforming the world economy by 2040, working-age population growth will come almost entirely from lower-income states

Wealth shifts across ages will exacerbate inequalities

Location:

INT

Huge wealth transfers from those currently over 60 to the under-60s in the coming decades will have broad implications

Low participation rate points up Croatia’s slow reform

Location:

CROATIA

Croatia’s low labour force participation rates stem from a relatively unreformed economy with a large informal sector

EU population is becoming more urban

Location:

EU

Trend for people to move to towns and cities is gaining momentum now in Central-Eastern Europe

COVID-19 will worsen southern European ‘brain drain’

Location:

EUROPE

The economic shock of COVID-19 on southern Europe will drive many more skilled people abroad in search of opportunity

Labour trends upset traditional employment patterns

Location:

INT

The pandemic has changed -- permanently or temporarily -- how people think about work

Regional inequality may widen as China’s GDP recovers

Location:

CHINA

Local governments will spend trillions of renminbi to aid GDP and jobs, but the scope to add productive capacity varies