• The pace of job loss is slowing and encouraging labour hoarding will hold back America's inevitable economic restructuring.

    ECONOMIST: The jobs summit

  • It matters, therefore, whether this is a short-term blip - due to labour-hoarding by employers, for example, coupled with a shortage of demand - or whether something more fundamental has been happening to the "supply side" of our economy, which is systematically preventing us from growing out of the crisis as quickly as we had hoped.

    BBC: The UK productivity puzzle (cont'd)

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