J.P. Morgan Asset Management - The Weekly Brief

26.04.2021 11:12 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

US-Unternehmen dürften in den nächsten Monaten vor einer schwierigen Entscheidung stehen – werden sie gezwungen sein, die Löhne zu erhöhen? Die Versorgungsengpässe erhöhen nicht nur die Inputkosten, auch die Personalbeschaffung scheint in einigen Sektoren schwierig zu sein. Aufgrund der anhaltenden gesundheitlichen Bedenken über die Rückkehr an den Arbeitsplatz, der höheren Arbeitslosenunterstützung und der Finanzhilfen stürzen sich die Beschäftigten nicht auf die erste freie Stelle. Wenn es Unternehmen so schwer fällt, Arbeitsplätze zu besetzen, steigen die Löhne in der Regel an, um diese Erwerbstätigen zu überzeugen. Da sich die US-Wirtschaft wieder öffnet und die Verbraucher ihre hohen Ersparnisse ausgeben möchten, werden sich die Unternehmen bemühen, ihre Kapazitäten aufzustocken. Dies dürfte zu höheren Löhnen – und möglicherweise höheren Verkaufspreisen – führen, zumindest bis die Erhöhung des Arbeitslosengeldes wegfällt.

JPMAM_The Weekly Brief_26.04.2021.pdf

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