Workforce and Employment

Labour shortages have risen across OECD countries, here's how to plug the gaps

Labour shortages have been on the rise in a number of advanced economies. Image: Unsplash/ryoji__iwata

Emilia Soldani

Economist, Organisation for Economic Co-Operation and Development

Orsetta Causa

Senior Economist, Organisation for Economic Co-Operation and Development

Nhung Luu

Consultant, Economics Department, Organisation for Economic Co-Operation and Development

Michael Abendschein

Economist, Organisation for Economic Co-Operation and Development

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Workforce and Employment

Figure showing the job vacancies per unemployed for OECD total and selected countries
USA has seen the most significant rise of job vacancies per unemployed. Image: CEPR
Figure showing the seasonally adjusted quarterly job vacancy rates
The seasonally adjusted quarterly job vacancy rates Image: CEPR
Figures showing the job vacancy rates across industries
Accommodation and food services have the highest job vacancy rates as an industry. Image: CEPR
Figure showing the quit rates across countries
Sweden has the highest quit rate amongst the OECD countries. Image: CEPR
Figure showing the quit rates and hourly earnings across industries in the US
Quit rates are strongly negatively correlated with wages pre-pandemic across industries. Image: CEPR
Figure showing the seasonally adjusted data for vacancy and quit rates across industries in the US
Seasonally adjusted data for vacancy and quit rates across industries in the US. Image: CEPR

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Related topics:
Workforce and EmploymentGeo-economicsCOVID-19Pandemic Preparedness and ResponseUnited States
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