It is a truth universally acknowledged, that an economy in possession of a strong labour market must be in want of a central bank, as Jane Austen might have said, had she had the fortune to be a securities analyst rather than an acute observer of manners.
Japan is in this position. The most commonly-used ratio to describe how weak or strong demand for labour is in Japan is called the job offers to applicants ratio. As the name suggests, this compares...
Joe McDonnell joins as head of portfolio solutions (EMEA)
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