Labor Shortages in the Healthcare Sector Have Eased, Which May Soften Price Pressures

Johannes Matschke and Emily Pollard

Economic Bulletin, 2024, 4

Abstract: Following severe labor shortages during the post-pandemic recovery, employment and wage growth in the healthcare sector have returned to their pre-pandemic trends. The healthcare sector is labor intensive, and inflation in the sector has historically tracked wage growth. Thus, lower wage growth may limit price pressures in the healthcare sector.

Keywords: labor; healthcare; wage growth (search for similar items in EconPapers)
Date: 2024
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