Online job advertisements in the UK rose another 1.9% in the week to June 4th, according to the ONS. On this measure, vacancies are now 28.9% above February 2020 levels….
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The Fed will be keen to avoid a taper tantrum. But a smooth exit may not be possible given the huge borrowing demands of the US Federal government. The accumulating…
Watch wages like a hawk should be the current mantra of policymakers. The key number is not employment, but wages. The payrolls miss (up 559k) on Friday was largely inconsequential,…
The promotion of the Chinese Central Bank Digital Currency is linked to Beijing’s resolve to extend the internationalisation of the RMB. Zhou Chengjun, director of the People’s Bank of China’s…
There is no stopping the Biden administration. The economy is recovering well. And yet, the US president is determined to push ahead with the biggest fiscal reflation in decades. A…
UK online job advertisements posted on Adzuna have now risen to 18% above February 2020 levels, a four-percentage point rise in the week ending May 21st. The rebound in vacancies…
Pandemics tend to accelerate the pace of automation. This time is no different. If anything, the pace of automation could be even swifter, given the severity of Covid-19. Global orders…
