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The World Ahead | Economics in 2024

Rich-world labour markets will remain strong in 2024

Even if there is a recession

Illustration: Rob en Robin

By Callum Williams

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.

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This article appeared in the Finance section of the print edition of The World Ahead 2024 under the headline “The rise of the hoarders”

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