smit2_Robert NickelsbergGetty Images_womangroceryshopping Robert Nickelsberg/Getty Images

Advanced Economies’ Missing Link

After a decade of recovery from the 2008 financial crisis, aggregate economic indicators across the OECD are looking bright, with GDP continuing to grow and employment reaching record levels. So why is public sentiment in the advanced economies so gloomy?

AMSTERDAM – As 2020 gets underway, employment in both Europe and the United States is at a record high and still rising. The job losses from the 2008 financial crisis and subsequent recession have been all but reversed. But you wouldn’t know it from the public mood in many developed countries. With so much good economic news, why is public sentiment so gloomy?

https://prosyn.org/cCxUuhP