Is There Going to Be a Skills Gap?

3% drop in investment, lower labor supply and lower total factor productivity. Schools were shut for a long time - primary school children lost around two to two and a half months of reading progress. People who've entered the workforce for the first time in the pandemic may have acquired skills at a slower rate than if they worked with all experienced colleagues. I think there's a lot you do actually miss from not being in the office, at least some of the time.

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