Many firms continue to experience difficulty hiring workers, although some report a recent easing in labour shortages. As economic growth slows, unemployment is expected to increase.
Unfortunately for many emerging economies, the reserves they hold are simply not enough to cover all of these demands – especially after energy prices soared when Russia invaded Ukraine.
She said turning waste into valuable materials for remanufacturing could help address finite resource supplies and strengthen Australia’s sovereign manufacturing capability.
The US sanctions waiver marks a shift in policy towards Russian energy exports, following years of restrictions imposed after Russia's invasion of Ukraine.
