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As a result, while aggregate hours worked decreased by around 15% in the United States and the European Union, unemployment increased significantly in the United States. However, in the United States, most firms that implemented digital technology were better able to avert worker reductions than non-digital firms.
The American Society of Health-System Pharmacists (ASHP) reported that 323 "active medication shortages" were reported in January–March 2024. As a result of drug scarcity, many healthcare systems were forced to either ration out essential drugs, triage patients based on the severity of their condition and their need for the drug, or both.
In common use, the term "shortage" may refer to a situation where most people are unable to find a desired good at an affordable price, especially where supply problems have increased the price. [3] "Market clearing" happens when all buyers and sellers willing to transact at the prevailing price are able to find partners.
Given the complex nature of the situation, the current housing shortage is likely to persist for some time. While lower interest rates may help, that alone is unlikely to solve the problem completely.
In an effort to alleviate the energy shortage, Governor Abbott ordered natural gas producers not to export gas out of state and to sell it within Texas instead. [98] He also called for the resignation of ERCOT leaders. [99] Former Representative Beto O'Rourke ran a virtual phone bank to contact over 780,000 seniors across the state. [100]
List of United Nations peacekeeping missions – List of all former and current United Nations peacekeeping missions; Liu Institute for Global Issues – Research organization at the University of British Columbia; Mass surveillance – Intricate surveillance of an entire or a substantial fraction of a population; Ozone depletion and climate change
In France, around 15 March, the Grand Est region noted the scarcity of CCB. [108] Assistance-publique Hôpitaux de Paris (AP-HP), which manages most hospitals in the Paris area (≈10 million inhabitants), reported the need for 3,000–4,000 ICU beds [ 109 ] against a capacity of between 350 [ 110 ] and 1500.
Hoarding behavior is a common response to fear, whether fear of imminent societal collapse or a simple fear of a shortage of some good. Civil unrest or natural disasters may lead people to collect foodstuffs, water, gasoline, generators, and other essentials which they believe, rightly or wrongly, may soon be in short supply.