IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed.
IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed.
Liechtenstein's labor market is characterized by a high reliance on non-resident workers, with commuters comprising the greater share of employment, particularly in higher-skilled occupations. With the steady inflow of skilled labor, infrastructure constraints have come into play and productivity has stagnated over time. Furthermore, a sizeable gender pay gap exists and the labor force participation of women and older workers remains relatively low.