KBRA releases a research report on diverging labor market performance between the U.S. and the euro area that highlights the relatively lagging employment creation in the U.S. since the pandemic.
Despite the very low U.S. headline unemployment rate of 3.9%, the slow recuperation of the employment-to-population ratio since the global financial crisis has trended in the country, and this creates headwinds for non-inflationary growth and economic vibrancy.
Click here to view the report.
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KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.
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Contact
Joan Feldbaum-Vidra, Managing Director and Head of Sovereigns
+1 (646) 731-2362
joan.feldbaumvidra@kbra.com
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Mauricio Noé, Co-Head of Europe
+44 208 148 1010
mauricio.noe@kbra.com
