Tight labor markets are causing issues for services and manufacturing industries around the globe. These labor shortages are creating and exacerbating supply chain challenges and will continue to do so for at least the next 12 months. Our pricing team untangles this complicated challenge and explores the structural issues, wage growth pressures, social schemes, and training needs we will face as economic recovery from the pandemic moves forward. John Anton, Director, Pricing and Purchasing, IHS Markit https://experts.ihsmarkit.com/experts/anton-john Emily Crowley, Associate Director, Pricing and Purchasing, IHS Markit https://experts.ihsmarkit.com/experts/crowley-emily Sophie Malin, Senior Economist, Pricing and Purchasing, IHS Markit https://ihsmarkit.com/experts/malin-sophie.html