>employment in the rich world is 3% below its pre-pandemic high (see chart 1). That points to a deficit of about 18m people—a huge waste of talent, not to menti

>employment in the rich world is 3% below its pre-pandemic high (see chart 1). That points to a deficit of about 18m people—a huge waste of talent, not to mention a hit to tax revenues. It's telling how The Economist views lost taxes and lost "talent" as the worst effects of unemployment, rather than homelessness or hunger for example. And apparently people using their talents for personal enjoyment is outside of The Economist's models. No surprise there.