Jobs and Skills

The pros and cons of a tight jobs market

A 'We are hiring' and 'Apply today' signs hang on a door.

Vacancies have been hard to fill for several reasons. Image: Unsplash/ Eric Prouzet

Romain Duval
Marina M. Tavares
Economist, International Monetary Fund
Myrto Oikonomou
Economist, Structural Reforms Unit of the Research Department, IMF
Our Impact
The Big Picture
Explore and monitor how Future of Work is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Jobs and Skills

Chart showing how unfilled job vacancies have risen above pre-pandemic levels in some countries.
Unfilled job vacancies have risen above pre-pandemic levels in some countries. Image: Australian Bureau of Statistics

Chart showing impact of tighter labour market on US industries across the economic spectrum.
A tighter labour market pushes up wages more in low-wage industries than in others. Image: Australian Bureau of Statistics

Have you read?
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Jobs and SkillsFuture of WorkFuture of Work
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Why businesses committed to diversity should embrace fair chance hiring

Ken Oliver

November 29, 2023

About Us



Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum