Is This September Report the October Surprise? 

The September jobs report was surprisingly strong, as the U.S. economy added 254,000 net new jobs, far higher than forecasts.

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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

The German car manufacturing sector has weakened considerably recently. Many factors are at play, and the China shock is one of them.
7 minutes
The hiring boom following the pandemic has stalled. The U.S. labor market is currently experiencing a white-collar recession.
8 minutes
Recent data revisions point towards a weaker labor market, but data uncertainty is higher than before the pandemic.
6 minutes
The number of skill-shortage vacancies in the U.K. has surged in recent years, particularly for blue-collar occupations that are affected by Brexit.
6 minutes
The U.S. labor market experienced a worker reallocation shock during the pandemic, possibly contributing to the productivity boost.
7 minutes
Texas’ economy is experiencing a massive economic boom. YIMBY housing policies, a large inflow of workers, and friendshoring are fueling the state’s high growth rates.
5 minutes
Rapid deindustrialization in the U.K. led to massive employment losses in the manufacturing sector in the 80s and 90s. Those effects can still be felt today.
5 minutes
It's a popular misconception that real wages have stagnated for decades. The data that backs this uses inappropriate inflation data.
4 minutes
Climate change is no longer a distant threat. It is already negatively impacting European economies and labor markets.
5 minutes
Workers’ health has been deteriorating and economic costs are rising due to the obesity epidemic. Weight loss drugs can help reverse these negative trends.
5 minutes
Two surveys offer the primary insights into the labor market, but recently, the job numbers they offer have been diverging.
5 minutes
High interest rates in the Europe have stifled economic growth. High German wage growth is a risk, but the ECB should continue to ease policy.
5 minutes
Income inequality in the U.K. has fallen. Wage stagnation at the top combined with large increases in the minimum wage can help explain why.
6 minutes
The United States labor market has been impressively strong for some time, but is this the best labor market ever? Not quite.
4 minutes
Spain’s decade-long depression finally seems to be over. The country is enjoying a labor market recovery and a tourism boom.
5 minutes
The U.K. has experienced a surge in immigration lately, so we gathered seven facts about the current state of immigration.
4 minutes
In the U.K., both wages and inflation came in hotter than expected. Meanwhile, the unemployment rate edged up and payroll jobs saw a steep decline, indicating a rapidly weakening labor market.
4 minutes
The French economy has been outperforming thanks to fashionable exports, favorable demographics, and an attractive investment environment.
6 minutes
Advanced economies are facing shrinking workforces. But the recent immigration surge is now throwing off some older population forecasts.
5 minutes
The U.K.’s economic downturn is currently affecting “sitting-down jobs” much more than “standing-up jobs”. The U.K. labor market is experiencing a white-collar recession.
5 minutes
The amount of sick leave in Germany can partially explain why Germany’s economy tipped into recession last year.
5 minutes
After decades of stalling wage gains for the lowest earners, the U.S. is experiencing a dramatic wage compression.
5 minutes
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

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