Trade uncertainty between the EU and the US – driven by the announcement of new tariffs and a volatile global economy – has raised concerns for EU businesses, workers, and policymakers. This column presents evidence on the sectoral and regional exposure of EU labour markets to exports to the US. In manufacturing – the sector […]
Yen sinks, Bank of Japan signals no hurry to resume rate hikes. The dollar headed for its strongest weekly performance in almost three years against other major currencies, maintaining momentum on Friday after U.S. President Donald Trump imposed new tariff rates on dozens of trade partners. Some of the currencies of the countries that were […]
The successful integration of second-generation immigrants into education and employment is essential for Europe’s long-term social and economic cohesion. This column uses the results of the latest edition of the European Labour Force Survey to assess the demographic profile, educational attainment, and employment outcomes of second-generation immigrants, finding that they tend to be younger and […]
In their recent blog Can Africa Claim the 21st Century?, Andrew Dabalen and Chorching Goh rightly highlight Africa’s moment of opportunity: a convergence of global attention, demographic momentum, and natural resource wealth. But whether this century can truly be Africa’s depends on whether its cities are able to generate enough good jobs to employ its growing population. […]
As the global shift toward electric mobility gains momentum, countries are making bold bets on electric vehicles (EVs) to meet their climate goals, reduce fuel import dependence, and spur industrial growth. In South Asia too, the EV transition is being positioned as a catalyst for industrial transformation and job creation. The employment reality, however, is more complex. […]
As global trade expands, so does the number of workers in high-income countries whose jobs are tied to exports. More of that growth is generated by exports to low-and middle-income countries than to other high-income countries. Employment generated by exports of goods and services to low and middle-income countries, either directly or indirectly, more than doubled […]
The presence of directors on the boards of competing firms (‘interlocking directorates’) raises concerns about collusion. This column studies the Italian corporate loan market and exploits a reform that prohibited directors of Italian banks from sitting on multiple boards simultaneously. Comparing treated and control loans before and after the policy, it shows that the ban […]
The growth of the private equity in recent years has raised concerns about its consequences. This column matches 2.5 million workers who were employed by 3,600 firms in the US that underwent leveraged buyouts with workers at firms that were not acquired to explore the effects of private equity on labour market outcomes. The authors […]
The number of people fleeing war and persecution worldwide has nearly tripled since the early 2010s, challenging European policymakers to ensure swift integration of asylum seekers into the labour market. This column assesses a pilot programme in Italy that provides early, personalised labour market support to asylum seekers. Even in resource-constrained settings, the early targeted […]
“When I tried to find work in the handmade hammock industry, a traditional craft in my area, I only lasted two months because I had no one to care for my two-year-old son,” shares Keylin Aguilera, a young rural woman from Orocuina, Honduras. You may find that this is a common scenario across rural Honduras, […]
