Investing in Productivity to Overcome the Tight Labor Market

In light of our recently released European Labor Market Outlook report we are delighted to host a ‘brainteaser’ discussion on one of the report’s hallmark findings: Europe’s sluggish labor productivity.

Employment is standing up to headwinds brought on by the energy crisis, inflation and fears of replacement by automation. Despite the positives, our findings show how Europe’s stagnant labor productivity exacerbates the effect of labor shortages on economic growth.

What is driving this tendency? Could it be the age profile of the workforce? Or is it changing work patterns since the pandemic? Or is it insufficient investment in production tools and skills?

What could be the negative wider effects of this trend? Could lagging productivity increase inflationary pressures? And how can we overcome this problem?

Our panel of experts representing the corporate perspective, the labor perspective and the economist’s perspective will explore the answer to these questions in this 45-minute lunchtime brainteaser.

 

Other links to explore:

European Labor Market Outlook: H1 2023

Strategic Productivity

The Productivity Institute

World Employment Confederation

 

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Investing in Productivity to Overcome the Tight Labor Market
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Investing in Productivity to Overcome the Tight Labor Market

APRIL 19, 2023

In light of our recently released European Labor Market Outlook report we are delighted to host a ‘brainteaser’ discussion on one of the report’s hallmark findings: Europe’s sluggish labor productivity.

Employment is standing up to headwinds brought on by the energy crisis, inflation and fears of replacement by automation. Despite the positives, our findings show how Europe’s stagnant labor productivity exacerbates the effect of labor shortages on economic growth.

What is driving this tendency? Could it be the age profile of the workforce? Or is it changing work patterns since the pandemic? Or is it insufficient investment in production tools and skills?

What could be the negative wider effects of this trend? Could lagging productivity increase inflationary pressures? And how can we overcome this problem?

Our panel of experts representing the corporate perspective, the labor perspective and the economist’s perspective will explore the answer to these questions in this 45-minute lunchtime brainteaser.

 

Other links to explore:

European Labor Market Outlook: H1 2023

Strategic Productivity

The Productivity Institute

World Employment Confederation

 

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