European consumers are saving more and spending less, impeding economic recovery across the continent. But real wage growth may be to blame.

News

The U.S. economy added 227,000 net new jobs in November, confirming that October's weakness was a blip caused by external factors.

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.

recruitonomics

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

#Sam Kuhn

Economist

All #Sam Kuhn Stories

President-elect Donald Trump's policies on taxes, tariffs, and immigration will have impacts across the economy and on recruiters.
8 minutes
October was the weakest month of employment growth in nearly four years, but there were factors beyond the economy that impacted gains.
4 minutes
It's no secret that the United States manufacturing industry is facing a slowdown. Do the Fed's rate cuts set the sector up for a resurgence?
5 minutes
June's employment numbers showed a cooler labor market, with gains of 206,000 and the unemployment rate slipping to 4.1%.
4 minutes
The U.S. economy added 272,000 new jobs in May, far above market expectations of 150,000. This labor market continues to be resilient.
3 minutes
After four years of schooling marred by COVID-19, this year’s graduates are entering the workforce. What defines Gen Z’s first labor market?
5 minutes
The Canadian labor market had a surprisingly strong April, but is it a sign of a lasting trend or simply a blip?
4 minutes
The labor market started the year off with a bang, but in April, the jobs report showed more humble gains and industry surprises.
3 minutes
In a shift from the recent trend of a steadying labor market, Canada's job market experienced a setback in March, shedding 2,220 positions.
4 minutes
Canada's labor market rebounded in February, making impressive gains of 40,700 net new jobs in a high interest rate environment.
5 minutes
The Canadian labor market made some impressive employment gains in January, but trouble is still brewing under the surface.
4 minutes
Though the economy has performed impressively, negative vibes about the future of the economy have persisted. What caused this "vibecession"?
4 minutes
Canada's economy ended 2023 with weak job gains and a significant slowdown. As we move into 2024, the outlook doesn't look great.
4 minutes
The Canadian labor market added 25,000 new jobs in November, while the unemployment rate rose to 5.8%.
3 minutes
The Canadian labor market grew by 18,000 jobs last month, but the unemployment rate increased. The labor market is certainly cooling.
3 minutes
Over ten years ago, the data science career was called the "sexiest job of the 21st century." Does that still hold?
4 minutes
Job growth surprised again in Canada last month, but strong wage growth complicates things for the Bank of Canada's fight against inflation.
3 minutes
Canada's labor market is cooling, but population growth in the country remains strong. Unemployed workers face a more difficult hiring landscape.
2 minutes
America’s history is rooted in an open immigration policy – and owes much of its economic success to it.
4 minutes
After a strong jobs report in June, the Canadian labor market lost 6,000 jobs in July, but underlying trends remain strong.
3 minutes
The Canadian labor market came back roaring in June, adding an impressive 60,000 net new jobs.
3 minutes
The Canadian labor market is showing signs of trouble. In May, employment dropped, and Gen Z students are partially to blame.
2 minutes
With low unemployment and a booming service industry, the Canadian labor market continues to show strength, despite recessionary fears. Overall, the Canadian labor market added 35,000 new jobs, a 0.2% increase from last month’s gains. 
3 minutes
The Canadian economy added 22,000 jobs last month. Though subdued compared to January, this data shows continued labor market strength.
2 minutes
In 2022, the labor market was unpredictable. The labor market rebalance in 2023 will see a return to center for "out of whack" industries.
4 minutes
Pay transparency laws are sweeping the nation and changing the world of recruiting. How do these shifting norms impacts recruiters?
4 minutes
The Fed's updated economic projections for 2023 and beyond featured slower growth and higher unemployment, but is this outlook a guarantee?
3 minutes
Our new Labor Market Snapshots will help recruiters understand the economic forces shaping their recruitment challenges.
1 minute
July’s inflation numbers have sparked a debate within the economics world. Should inflation be discussed as a year over year change? Or month over month?
2 minutes
Pay is the most important factor when searching for a job. Salary transparency laws will help job seekers, but what's the impact on employers?
7 minutes
Determining how the economy is performing is surprisingly difficult. COVID-19 made economists' jobs even harder, requiring them to develop entirely new methods to measure trends in the labor market.
2 minutes
It’s an emergency not just for the housing market but for the job market too.
4 minute read
Since the rise of the COVID-19 pandemic in 2020, it has been estimated that 50% of paid hours were done remotely, compared to just 5% pre-pandemic.
1 minute read
Quits rates are at an all time high, reaching 3.0% in November of 2021. Interpreting this trend has two camps: a cultural shift where people have a lower willingness to work, or a cyclic pattern exhibited during times of quick economic recovery.
1 minute read

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