2min chapter

Radio Davos cover image

Recession fears recede, but inflation's still a big risk - 3 chief economists on the global outlook

Radio Davos

CHAPTER

The Rise of Unemployment in the US

There are concerns around the world about unemployment. So far that doesn't seem to have been a major problem certainly in developed economies, but if there were processions starting big economic slowdowns, do you think unemployment might rear up? On the one hand it is true that across the board the unemployment rate has not increased as much as one would have thought one year ago or one year and a half ago - so that's a good thing. But at the same time there are a few things that are not working in the labour market. And this is the main challenge that we have in our long term, is to make sure that the labour force has sufficient skills to adapt to this innovation that is

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