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Employment in Advanced Economies Continues to Boom

Employment rates in OECD countries remain resilient, especially in Europe, where record highs have been recorded despite central banks’ monetary tightening to stem inflation. Labour shortages continue to challenge businesses, averting wide layoffs. The number of people employed has risen, but the average hours worked have not corresponded.

Economic Bulletin Issue 4, 2023

The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

Economic Bulletin Issue 4, 2023

Economic Bulletin Issue 4, 2023
ecb.europa.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecb.europa.eu Daily Mail and Mail on Sunday newspapers.

The development of the wage share in the euro area since the start of the pandemic

The development of the wage share in the euro area since the start of the pandemic
ecb.europa.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecb.europa.eu Daily Mail and Mail on Sunday newspapers.

More jobs but fewer working hours

The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

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