Immigration and innovation can ease EU worker shortage

The search for solutions is ramping up, but labour shortages will increasingly hinder GDP growth in the euro-area

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In this article

  • Causes of the shortages
  • Demographic decline
  • Self-compounding fiscal strain
  • Muted wage response
  • Easing the shortages without raising pay
  • Immigration
  • Productivity growth and automation
  • Childcare costs and women's participation

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.