China’s growth stabilised with help from stimulus policies, and commodity prices stopped falling and even registered gains. Meanwhile, risks emanating from the Brexit convinced the world’s largest central banks to either ease policy or delay further tightening. The net result was an appreciating trend in emerging market currencies.
In fact, skills mismatch has increased noticeably in the euro area and seems to be becoming more entrenched. 2 Potential solutions to increase high qualified employment If labour market developments are so heterogeneous across countries, why don’t the unemployed simply move to places where the demand for labour is higher?