Julius Probst, PhD compares UK minimum wage policy to Germany, with an eye toward long-term macroeconomic impact.

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#Julius Probst, PhD

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Julius Probst, PhD compares UK minimum wage policy to Germany, with an eye toward long-term macroeconomic impact.
6 minutes
Julius Probst, PhD explores the limitations of the UK's labor market data and how it complicates policy decisions.
6 minutes
Julius Probst, PhD examines the perilous outlook for the Italian labor market as both young and old continue to leave its labor force.
5 minutes
Julius Probst examines industries in the United States that are highly reliant on migrant labor—and most exposed to fallout from Trump's immigration agenda.
7 minutes
Around the world, recent college graduates are struggling to find entry-level positions. Welcome to the Global Graduate Recession!
5 minutes
The impact of the immigration reforms will vary state by state, but the labor markets in the south will be harmed the most.
5 minutes
The new immigration regime will have impacts on immigration, and therefore GDP and wages, far down the line.
9 minutes
The Trump administration's dramatic immigration policies will shake up the labor market, but perhaps not in the way people suspect.
6 minutes
The United Kingdom's labor market once again faltered in May, showing that it is now in a precarious position; the BoE should act quickly.
5 minutes
Less than three years after inflation peaked at over 10% in October 2022, the Eurozone is now facing risks of deflation.
5 minutes
Stamp duty is a tax on buying property in the United Kingdom that is preventing workers from living in the most productive areas.
5 minutes
Despite the United Kingdom's strong GDP growth in the first quarter, the UK labor market continues to struggle.
5 minutes
Restaurants in Germany are struggling, but the government wants to support the industry through a reduction in the VAT.
5 minutes
In the United Kingdom, more and more people are leaving the labor force and being classified as inactive workers.
6 minutes
The volatility in the stock market over the last week has been staggering, but does a crash cause a broader labor market downturn?
5 minutes
Germany has long been the poster child of fiscal conservatism, but new fiscal spending plans could transform the country.
4 minutes
A new German government has charted a path out of Germany's current economic stagnation, but can defense spending really save the day?
6 minutes
Last month's revised jobs data confirmed that the white-collar downturn in 2024 was worse than previously understood.
5 minutes
Tight labor markets in the United Kingdom, United States, and Spain attracted higher levels of immigrants in recent years.
5 minutes
The United Kingdom's tax system, including high marginal tax rates, is preventing the economy from reaching its full potential.
6 minutes
After joining the European Union two decades ago, Eastern Europe's growth has become one of the greatest economic success stories of our time.
6 minutes
The latest United Kingdom jobs report was not as jolly as we would like.
4 minutes
European consumers are saving more and spending less, impeding economic recovery across the continent. But real wage growth may be to blame.
7 minutes
The U.S. economy added 227,000 net new jobs in November, confirming that October's weakness was a blip caused by external factors.
3 minutes
Ironically, British deindustrialization, which has long been a deterrent to growth, may make the U.K. more competitive in a Trump-era Europe.
5 minutes
The election of Donald Trump will have profound impacts on European economies. We explore the potential impact on German labor markets.
6 minutes
The United Kingdom latest employment data will worry the BoE and the new government, especially the low level of worker churn.
5 minutes
The Autumn Budget was one of the most important in decades, as the measures will materially change the U.K. macroeconomic outlook.
7 minutes
As the election fast approaches, we look at the economic and demographic dynamics in Pennsylvania, a key swing state.
6 minutes
The outcome of the U.S. election will be determined by swing states, including Arizona. We look at the economic outlook for this state.
6 minutes
The German car manufacturing sector has weakened considerably recently. Many factors are at play, and the China shock is one of them.
7 minutes
The hiring boom following the pandemic has stalled. The U.S. labor market is currently experiencing a white-collar recession.
8 minutes
Recent data revisions point towards a weaker labor market, but data uncertainty is higher than before the pandemic.
6 minutes
The number of skill-shortage vacancies in the U.K. has surged in recent years, particularly for blue-collar occupations that are affected by Brexit.
6 minutes
The U.S. labor market experienced a worker reallocation shock during the pandemic, possibly contributing to the productivity boost.
7 minutes
Texas’ economy is experiencing a massive economic boom. YIMBY housing policies, a large inflow of workers, and friendshoring are fueling the state’s high growth rates.
5 minutes
Rapid deindustrialization in the U.K. led to massive employment losses in the manufacturing sector in the 80s and 90s. Those effects can still be felt today.
5 minutes
It's a popular misconception that real wages have stagnated for decades. The data that backs this uses inappropriate inflation data.
4 minutes
Climate change is no longer a distant threat. It is already negatively impacting European economies and labor markets.
5 minutes
Workers’ health has been deteriorating and economic costs are rising due to the obesity epidemic. Weight loss drugs can help reverse these negative trends.
5 minutes
Two surveys offer the primary insights into the labor market, but recently, the job numbers they offer have been diverging.
5 minutes
High interest rates in the Europe have stifled economic growth. High German wage growth is a risk, but the ECB should continue to ease policy.
5 minutes
Income inequality in the U.K. has fallen. Wage stagnation at the top combined with large increases in the minimum wage can help explain why.
6 minutes
The United States labor market has been impressively strong for some time, but is this the best labor market ever? Not quite.
4 minutes
Spain’s decade-long depression finally seems to be over. The country is enjoying a labor market recovery and a tourism boom.
5 minutes
The U.K. has experienced a surge in immigration lately, so we gathered seven facts about the current state of immigration.
4 minutes
In the U.K., both wages and inflation came in hotter than expected. Meanwhile, the unemployment rate edged up and payroll jobs saw a steep decline, indicating a rapidly weakening labor market.
4 minutes
The French economy has been outperforming thanks to fashionable exports, favorable demographics, and an attractive investment environment.
6 minutes
Advanced economies are facing shrinking workforces. But the recent immigration surge is now throwing off some older population forecasts.
5 minutes

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