Macroeconomics: The disparity between labor supply and demand amid escalating inflation

This week, Viethustler will analyze in depth the disparity between supply and demand in the labor market, while also showing the impact of inflation on the labor market and its consequences for the economy.

1. From the employer's perspective 

Initial phase when companies resumed operations post-Covid: The post-pandemic labor thirst drove a surge in labor demand, followed by rising labor costs in the labor market. 

The number of job postings on Indeed was 55.7% higher than pre-pandemic levels. Among them, the number of new postings in the past 7 days consistently remained 78.4% higher than pre-pandemic.