All #Liz Anderson Stories

New projections from the Federal Reserve show increased unemployment and decreased growth will be necessary to bring down inflation. 

Canada is facing economic challenges similar to its southern neighbour’s: tight labour market conditions and decades-high inflation.

In August, prices were up 8.3% from the year before, and less volatile core measures remained stubbornly high.

The sector’s employment gains have plateaued after two years of impressive, pandemic-driven growth. Why has the boom petered out?

Harry Styles may not be a typical worker but he has one important thing in common with workers across the United States: they’re both in high demand and likely to give up the commute.

Despite high inflation, American consumers are spending steadily. A store of excess savings is helping to finance this continued consumption.

Two recent revisions imply that the U.S. economy is stronger than it seems. The labor market added more jobs than expected, and GDP growth was revised up.

Education has been a difficult industry to recruit for since COVID began. Now, several parts of the U.S. are facing teacher shortages.

Retailers experienced steady sales in July, balanced by decreased spending at gasoline stations and increased spending at building supply stores.

Countries across the world are facing high inflation, economic fallout from a pandemic, and an energy crisis caused by the war in Ukraine.

Evidence of cracks in the jobs market are hard to find but recently many have been pointing to initial unemployment claims.

After months of rising prices, the inflation rate has eased slightly – up 8.5% in July from the year before, compared to June’s 9.1%

The Federal Reserve is set to hike interest rates again on Wednesday. Industries such as construction could see large employment impacts.

Recessions are a painful part of economic reality. Though hard to predict, following key indicators grants insights into possible downturns.

Employment in child day care services has yet to recover from the COVID-19 shock. Parents of young children are suffering – but recruiters can help.

Initial unemployment claims have been rising steadily from historic lows. Are recession fears beginning to sink into a strong labor market?

The consumer price index increased in June, up 9.1% from the year before and 1.3% from May. Broad-based increases contributed to this hike, and high energy prices persisted in driving the report. 

In the face of recession fears, the labor market is still historically tight, but signs of depressurization are beginning to show. The number of job openings in May was 11.3 million, down slightly from April’s number of 11.4 million.

Consumers continued to spend in May, with an increase of 2.1% from one year ago. The shift from goods spending to services spending, a trend we’ve been following, continued as well.

Bombarded by soaring energy prices and constant media commentary, consumers experienced record-low economic confidence in June. Their worries will not go unnoticed, for better or for worse.

The bottom 25% of earners are gaining wages at the highest rate since 1998. Gains made by first quartile earners are outpacing those of higher quartiles by at least a full percent. 

The current labor market is often described as "tight," and it may be hard to visualize what that really means. Considering the ratio of unemployed people to job openings gives a clearer picture of exactly how tight or slack the labor market is.

The Federal Reserve has just announced the highest interest rate hike since 1994.

Summer is upon us. School’s out, vacations are beginning, and people are ready to hit their favorite seasonal locales. However, facing a labor shortage, businesses might have a hard time keeping up this summer.