Research Briefing
We continue to forecast growth in global construction activity over 2023, albeit at a slower rate than we anticipated at...
Labour Supply Shortages
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Research Briefing
Our analysis indicates the construction labour shortage will be further exacerbated by the significant increase in employment needed to achieve net zero emissions by 2050, compared to our baseline forecasts. We call these additional jobs the ‘green jobs gap’, which we...
Consulting Report
Mastering the appropriate skills will become increasingly important as the global economy evolves to a more sophisticated, interconnected and digital...
Research Briefing
Japan's structural labour shortage has deepened. While it may not result in a wage-inflation spiral now, labour scarcity will put...
Research Briefing
Canada has likely just entered a moderate recession that will last for much of 2023.
Research Briefing
In most UK regions and nations, inactivity levels have risen since the beginning of the pandemic, and an increasing number...
Research Briefing
We expect real estate values to correct sharply in 2023, but pressure should gradually alleviate as policy rates peak.
Research Briefing
The strength of the US labor market, as demonstrated by the increase in job openings in September, will frustrate the...
Consulting Report
Europe enjoyed a strong tourism rebound over the summer months as Covid-19 disruptions abated. However, the region was not exempt...
Research Briefing
Supply chain developments were mixed in October, but the implications for the outlook, particularly for inflation, are modest. The easing...
Research Briefing
While most measures suggest a tight UK labour market, the pass-through to wage growth has been weak. We expect labour...
Research Briefing
Anything but a 75bps hike of the ECB's key policy rates after next week's council meeting would be a big...
Research Briefing
Supply chain strains eased in September after increasing slightly in August. Transportation pressures subsided the most of all our tracker's...
Research Briefing
The September jobs data report and the August JOLTS offered some signs of a loosening in labor market conditions. Job...
Research Briefing
Although easing restrictions in China have helped to reduce global supply chain pressures, we expect rising costs and weakening demand...
Research Briefing
Central banks have changed the way they react to economic conditions, largely focussing on current inflation and its impact on...
