Northern Trust’s Weekly Economic Commentary (Oct 3, 2025) examines three emerging forces shaping global labor and economic outlooks.
The $100,000 H-1B visa fee acts as a “tariff on talent,” benefiting U.S. workers short term but threatening innovation and long-term growth by deterring skilled immigration.
After years of weakness, office real estate shows early signs of recovery, supported by falling rates, tighter labor markets, and growing conversion projects.
Rising youth unemployment across Asia—notably India (17.6%) and China (16.5%)—risks fueling social unrest unless growth becomes more inclusive.
Are policymakers prepared for the economic and social consequences of these shifting labor dynamics? Explore the full commentary for detailed insights.