The Rise of the Hoarders

Rich-world labour markets will remain strong in 2024. Even if there is a recession

After the lifting of lockdowns in 2021, rich-world labour markets roared back to life faster than anyone had expected. In 2022 and 2023 they continued to strengthen, breaking records in the process. The economic outlook for 2024 is uncertain: will the post-pandemic expansion come to an end? Even if the world falls into recession, though, expect labour markets to remain strong. Finding a job will rarely have been so easy.