In the first quarter, government spending on corona measures fell and households also spent slightly less. Exports and imports of goods and services fell slightly. The strongest drivers for economic growth came from the construction industry, management and consultancy firms, the temporary employment sector and also the travel industry, sports, art, culture and entertainment contribute to this.
Compared to a year ago, the economy grew by 7.0%, mainly driven by consumption and trade by households. Consumers spent 10.6% more on restaurants, culture, entertainment, clothing and furniture compared to the first months of 2021. A strict quarantine was introduced in the first quarter of last year.
Earlier today it was announced that the labor market is tightening again. Currently there are 133 vacancies for every 100 unemployed. “Leaving work behind can also cause economic damage,” says Van Mulligen. “It costs us economic growth. It is difficult to estimate how much, but you clearly have no preference for a very tight labor market. Just like you don’t prefer very high unemployment.”
Source: NOS
Smith Charles is a talented entertainment journalist and author at The Nation View. He has a passion for all things entertainment and writes about the latest movies, TV shows, music, and celebrity news. He’s known for his in-depth interviews with actors, musicians, and other industry figures, and his ability to provide unique perspectives on the entertainment industry.
