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Labour hoarding may possibly have continued to play a part beyond the most acute phase of the pandemic, while for different reasons than during the lockdowns. Typical hours recovered substantially in 2021 and early 2022. Around 29% of firms report labour as a issue limiting production, comparing to about 17% just before the pandemic (Chart four). A comparison with the United States offers 남성고소득알바 some exciting insights.[1] The two economies had equivalent adjustments in total hours at the onset of the pandemic (Chart 1). Even so, there is a stark distinction in terms of average hours. This is also captured by the various developments in the unemployment rate in the euro area and the United States (see Chart 2).