4 ms·
Has the pendulum swung from capital to labour?
- monkeydust 4y agohttps://archive.vn/rbvSs https://archive.vn/rbvSs
- aebtebeten 4y agoI had expected that baby boomers wanting to retire would obviously swing the pendulum (from capital to labour); why hasn't it? (arguably, the pitiful interest rates that were available until recently are not exactly a sign of capital strength, but neither has labour appeared particularly strong.)
- monkeydust 4y agoPublished today: https://committees.parliament.uk/committee/175/economic-affairs-committee/news/175197/early-retirement-and-our-ageing-population-are-causing-labour-shortages-says-lords-report/ https://committees.parliament.uk/committee/175/economic-affa... Early reitrement making a sizeable reduction in supply that is not being offset by other factors - hence prices up.