Where in the World are the DINKs?

Couples in different advanced economies face different opportunity costs when it comes to children, creating different pockets of DINKs across the globe.

News

GDP data confirmed that the UK slipped into recession in the second half of 2023. The BoE needs to reverse course quickly or else face a more severe downturn.

Industries: Discover industry-specific insights and the state of hiring in these main sectors.

We have expanded our reporting to cover Canada and the UK.

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Recruitonomics is a hub for data-driven research that aims to make sense of our evolving world of work.

#Julius Probst, PhD

All #Julius Probst, PhD Stories

Couples in different advanced economies face different opportunity costs when it comes to children, creating different pockets of DINKs across the globe.
4 minutes
Raising kids has become increasingly expensive but not necessarily in the way that you think. Women increasingly choose career over babies – welcome to the DINK phenomenon.
4 minutes
GDP data confirmed that the UK slipped into recession in the second half of 2023. The BoE needs to reverse course quickly or else face a more severe downturn.
5 minutes
Pinpointing a national downturn is difficult enough, but knowing whether a state is in a recession or not is even more tricky.
5 minutes
Brexit may have created barriers to trading goods for the U.K., but it might also create an opportunity to become a service export superpower.
4 minutes
Data revisions have subtracted more than 400,000 jobs throughout 2023, something that Fed policymakers should keep an eye on.
5 minutes
OECD countries have seen a surge in migration recently. In the future, expect permanently higher migration flows due to new factors at work.
5 minutes
Overall GDP growth in the U.K. has been steady, but the increase is driven by population growth, rather than productivity and income growth.
4 minutes
The United Kingdom's economic outlook is only slightly more uncertain than its current status, which is bad news for the central bank.
5 minutes
The outlook for the Eurozone is not looking positive for 2024, especially if the European Central Bank continues on its current path.
5 minutes
Will the proposed tax cuts from the U.K. government's actually boost economic growth or is their usefulness overstated in nominal terms?
5 minutes
Though more and more people are graduating from college, the U.K. labor market has a troubling graduate skill premium.
5 minutes
Rapidly rising interest rates didn't create the big economic downturn that many forecasters predicted. How did the economy avoid a recession?
4 minutes
BoE officials have made it clear that they are now willing to sacrifice the labor market to bring down inflation, but the official numbers are unreliable.
5 minutes
A century ago, John Maynard Keynes envisioned a future world where a 15-hour work week was the norm. Was he really so far off the mark?
4 minutes
Recently Federal Reserve data reveals that Americans are wealthier than ever. Net worth, adjusted for inflation, surged during the pandemic.
4 minutes
The risks to quantitative easing are benign during anemic recoveries. In this period of high inflation, it could results in bad losses.
5 minutes
Claudia Goldin was awarded a Nobel Prize this year for her work on women's labor market outcomes through time.
5 minutes
Corporate greed has been wrongly blamed for this bout of inflation. Greedflation isn't the problem. Excess growth and labor shortages are.
5 minutes
Is this the moment of resurgence for cities and states in the Rust Belt that suffered in recent decades due to the "China Shock"?
4 minutes
The story of the United Kingdom's economy lately has been one of disaster, but recent revisions may have changed the narrative.
4 minutes
High frequency indicators allow economists to gauge economic performance in real-time and they are pointing at a German contraction.
5 minutes
The dysfunctional housing market in the United Kingdom prevents workers from moving to highly productive cities, leading to underperformance.
4 minutes
After years of stagnation following the Eurozone crisis, Southern Europe has turned the tables and is now outperforming the rest of the Eurozone.
4 minutes
Advanced economies are experiencing very tight labor markets. This worker shortage has implications for hiring. Recruiters are increasingly poaching employees rather than recruiting from a shrinking pool of unemployed, which has implications for monetary policy.
8 minutes
The U.S. labor market added a moderate 187,000 net new jobs in July and the unemployment rate ticked down to 3.5%.
4 minutes
The German economy is once again underperforming, experiencing a technical recession earlier this year. But why is the country sick again?
6 minutes
Germany was dubbed “the sick man of Europe” in the early 2000s. Labor market reforms paired with favorable macroeconomic conditions cured the economic malaise.
4 minutes
Japan's dismal demographic outlook has caused an interesting phenomenon: low unemployment paired with negative GDP growth. These "full employment recessions" are becoming more common in Europe.
4 minutes
The UK's National Health System is stretched dangerously thin, with waiting lines so long people's lives are at risk. The lack of health services is also hurting the labor market.
5 minutes
The German economy has benefited from a surge in immigration, but a skill mismatch is emerging.
5 minutes
The global manufacturing industry is being hurt by a shift in consumer preferences, especially in Europe.
5 minutes
Canada’s liberal immigration policies are a success story. The country’s population recently reached 40 million, surpassing that of California.
4 minutes
A massive inflow of Ukrainian refugees has boosted Poland’s labor supply and is contributing to its economy outperforming the rest of Europe.
5 minutes
Despite Brexit, the U.K. will remain a popular immigration destination, but the housing market will be a constraint moving forward. 
5 minutes
While there is no doubt new AI technologies like ChatGPT will boost productivity, history tells us it could take some time.
4 minutes
Higher interest rates are about to send U.K. mortgage rates soaring, aggravating the current cost-of-living crisis and the housing market.
5 minutes
Germany is officially in a recession. Though there are declines in several industries, weak government spending is the largest drain.
5 minutes
The recession that was revised away: new economic projections from the BoE no longer show an upcoming downturn in the United Kingdom.
3 minutes
How can a country with five million inhabitants distort the GDP of Europe, an economic area with more than 340 million people?
5 minutes
Unlike other advanced economies, the U.K. is experiencing particularly sticky inflation and the real possibility of a wage-price spiral.
5 minutes
Eurozone inflation remains too hot, but commodity prices and distorted supply chains are no longer the causes. It's excess demand.
5 minutes
Germany's once-strong economy is stagnating, partly due to a slowdown in industrial production, especially the decline in car production.
5 minutes
The natural rate of unemployment is a key economic variable used by the Federal Reserve to assess the stance of monetary policy and economic growth, but it was overestimated for years.
4 minutes
The difference between the central bank and the OBR reflects diverging assumptions about employment, worker productivity, and business investment.
4 minutes
Financial volatility has returned to the Eurozone, but the central bank continued to hike interest rates to fight inflation. Germany's economy is at risk.
5 minutes
The post-pandemic labor market has been extremely tight with many vacancies left unfilled.
5 minutes
In the UK, consumer confidence and business sentiment are gradually increasing, as the economy continues to evade a massive downturn.
4 minutes
Economic growth in the United Kingdom depends on the strength of the labor force. But Brexit, demographic declines, and long-term health issues threaten that strength.
4 minutes
While soft and hard data are disconnected in other countries, the United Kingdom is doing just as poorly as workers and businesses believe.
5 minutes

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