The Big Misconception Over The Jobs Market

Until recently the “Great Resignation” theme shaped any analysis of today’s labour markets. But as the scars of the Covid-19 epidemic fade, we need to take a new approach. The jobs market is, in fact, struggling with chronic imbalances. A quantitative and qualitative gulf between labour supply and demand has emerged and turned into a major macro and microeconomic issue. Companies which adjust their HR policy to meet current requirements will gain a lasting competitive advantage. Companies will also be responsible for righting the macroeconomic imbalance.