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The great labour market shakeup

BERKELEY Approximately 13 per cent of low-wage jobs in Germany would not be viable if workers understood just how good their outside options truly are. That is the conclusion of a recent paper by Benjamin Schoefer, my colleague here at the University of California, Berkeley, and his co-authors, Simon Jäger, Christopher Roth and Nina Roussille.

Comment: The Great Resignation will continue unless workers and businesses get more support

The monthly quit rate in the US is remarkably high, especially when you consider the employment-to-population ratio

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