In contrast, employment in low-wage jobs has drifted lower since the summer and is now more than 25 percent below its pre-pandemic level. -5-  Finally, as the pandemic has dragged on, we have also seen a sharp rise in the number of long-term unemployed people—those who have been out of work and actively looking for a job for longer than 26 weeks.
At the international level, we are engaged in discussions with other supervisors and central banking authorities as a member of the Network for Greening the Financial System. And in Europe, we are actively involved in the work on an EU taxonomy as a member of the Commission Technical Expert Group on Sustainable Finance.