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Tight US job market will keep monetary policy tight

Location:

UNITED STATES

Despite fears of a recession, the US economy continues to add jobs and employers report difficulties attracting and retaining workers. Wage growth is decelerating fitfully…

European and US labour productivity has weak momentum

Location:

INTERNATIONAL

Productivity gains have historically been higher in the United States than in the euro-area, but US productivity has been highly volatile since 2020. Changes in the first quarter…

Manama will struggle to vary its investor offering

Location:

BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

US economy myths risk distorting trade policymaking

Location:

UNITED STATES

In reality, US exports and manufacturing output have never been higher. However, less than 9% of the workforce is in manufacturing, and communities and workers have been adversely…

Industry robots will lift productivity and inequality

Location:

INT

In 2021, the last year for which data are available, a record 517,000 robots were installed in manufacturing facilities globally. A new study focusing on the United States finds…

US interest in unionisation is tentative but growing

Location:

UNITED STATES

The union represents some 340,000 workers at UPS, the largest US package delivery company. The United States is experiencing a rise in strikes and work stoppages espite low union…

China’s economic targets will get trickier to achieve

Location:

CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

Turkey plans for competitive industries, lower imports

Location:

TURKEY

Development plans define what constitutes mainstream social and economic policy in Ankara. This plan lays out the intentions of President Recep Tayyip Erdogan’s Justice and…

Canberra may need to split workplace reform efforts

Location:

AUSTRALIA

These changes, which focus particularly on casual workers, faced particular lobbying from parts of the business sector, which described them as costly and unnecessary, but they…

China’s platform economy will expand

Location:

CHINA

The e-commerce platforms are among several key firms in China’s platform economy. Since early 2023, Chinese authorities have softened their approach towards platforms following a…