A shortage of labor may cause a recession. And this seems to be the case in different places, for multiple reasons.
Countries at war are losing a large number of people (directly or indirectly). Even for those not involved directly, reduced trade makes some goods less available, and the alternative is more work needed on the buyers side (e.g., cannot buy gas, need to chop down trees manually). Limitation of available energy is a bigger driver for the transformation to renewables than any climate change fears ever were before, which requires a huge work force, which isn't available.
Countries at war are losing a large number of people (directly or indirectly). Even for those not involved directly, reduced trade makes some goods less available, and the alternative is more work needed on the buyers side (e.g., cannot buy gas, need to chop down trees manually). Limitation of available energy is a bigger driver for the transformation to renewables than any climate change fears ever were before, which requires a huge work force, which isn't available.