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Strong Labor Market Dynamics
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The labor market's rapid recovery post-pandemic recession showcases low unemployment, rising wages, and workers' increased stability in employment. These trends indicate a shift in power dynamics, with workers gaining the upper hand in salary negotiations and seeking higher paid opportunities.
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How might the labor market's stability impact economic growth and inflation?
How might these labor market dynamics influence global trade and investment?
What policies could governments implement to further support the labor market?
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