BIS Review 156/2009  3  Regulation of OTC derivatives market: There is a move to transfer all standardized OTC derivatives particularly credit default swaps onto trading platforms/exchanges or a clearing house. However the specific proposals being discussed in various countries do envisage continuance of non-standardised OTC contracts albeit with a stricter bilateral collateralisation requirement and higher capital charge.
Even with these gains, wages have not kept pace with inflation, which has  -3made it much more difficult for many workers to make ends meet in the face of soaring housing, energy, and food costs. Job creation signals strong labor market demand, particularly in the current environment, with a large number of available jobs and fewer job seekers.