Gorkem Bostanci, Omer Koru, and Sergio VillalvazoWe argue that inflationary shocks affect allocative efficiency by changing the rate and the characteristics of workers’ job-to-job transitions. First, using monetary policy shocks and survey data on search effort, we empirically show that a one percentage point rise in inflation increases job-to-job transitions by up to 4.5%, and workers with higher inflation expectations are more likely to search and do so more effectively.

APChanel/ShutterstockAccording to a recent report, the UK rail industry is a relatively safe environment for both passengers and workers. The findings, from the Rail Accident Investigation Branch, came from data on railway accidents for 2024.

Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said.

ZoranOrcik/ShutterstockIf you take your dog, cat or fish to see a vet in the UK, the person who treats them is likely to be a woman. According to the Royal College of Veterinary Surgeons, 61% of current UK vets are female. University admissions are even more skewed. Among vets who had recently qualified, nearly 80% were female.