Yet despite significant increases in capital equipment in recent years, new additions to labor supply have been inadequate to meet the demand for labor. As a consequence, the recent period has been one of significant reduction in labor market slack.
Draghi: So far I don’t see any official public involvement in European financial markets. There have been lots of talks and conversations. I hear about them but I haven’t seen any official investment in European financial markets. WSJ: Over the past year two top German officials at the ECB resigned.