It is important to stress, however, that the improved outlook for the global economy points to the possibility of addressing old problems and facing new challenges with a higher probability of success. This is particularly true for the euro area economy where the outlook for growth has recently improved, contributing to more optimistic prospects at the global level.
For women of working age, the trends are less clear, but those without a college degree are also less likely to work today. Research presented this morning will discuss some possible 1/2  BIS central bankers' speeches  explanations for the divergence in employment, income, and other economic prospects between college grads and others.