#Labor Markets

All #Labor Markets Stories

Recruiters’ Reality is the Labor Market’s Prophecy

20 Nov 24

Hiring for recruiters has slowed in many industries. The highly cyclical profession tells a story of the broader labor market.

3 minutes

The UK Labor Market is Cooling, But Worker Churn Has Frozen

#Labor Markets # UK

13 Nov 24

The United Kingdom latest employment data will worry the BoE and the new government, especially the low level of worker churn.

5 minutes

Recruitonomics Swing State Election Analysis: Pennsylvania

#Labor Markets # Election Coverage # US

04 Nov 24

As the election fast approaches, we look at the economic and demographic dynamics in Pennsylvania, a key swing state.

6 minutes

Storms and Strikes Shake Up October Jobs Report, but Weakening Continues

#Labor Markets # Macroeconomy # Manufacturing # US

01 Nov 24

October was the weakest month of employment growth in nearly four years, but there were factors beyond the economy that impacted gains.

4 minutes

Is This September Report the October Surprise?

#Labor Markets # Macroeconomy # US

04 Oct 24

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

4 minutes

Will Lower Borrowing Costs Rekindle U.S. Manufacturing Jobs?

#Labor Markets # Macroeconomy # Manufacturing # US

27 Sep 24

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

Germany’s Manufacturing Sector Imperiled by China Shock

#Labor Markets # Germany # Manufacturing

20 Sep 24

The German car manufacturing sector has weakened considerably recently. Many factors are at play, and the China shock is one of them.

7 minutes

White-Collar Gloom, Blue-Collar Bloom

#Labor Markets # Demographics # US

11 Sep 24

The hiring boom following the pandemic has stalled. The U.S. labor market is currently experiencing a white-collar recession.

8 minutes

August Jobs Report Leaves Fed with a Coin Flip

#Labor Markets # News # US

06 Sep 24

The August jobs report features modest employment gains and a decrease in unemployment, but it leaves the Fed in a tough position.

4 minutes

Data Revisions Subtract More Than 800,000 Jobs: What Now?

#Labor Markets # News # US

29 Aug 24

Recent data revisions point towards a weaker labor market, but data uncertainty is higher than before the pandemic.

6 minutes

Is the Skills Gap Getting Worse in the UK?

#Labor Markets # Recruiting # UK

23 Aug 24

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 Great Reallocation: Can Worker Churn Explain the Productivity Burst?

#Labor Markets # Europe # Recruiting # US

14 Aug 24

The U.S. labor market experienced a worker reallocation shock during the pandemic, possibly contributing to the productivity boost.

7 minutes

Will Texas be the New California?

#Labor Markets # Manufacturing # US # Warehousing

08 Aug 24

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

U.S. Labor Market Moves From Tight to Balanced

#Labor Markets # US

02 Aug 24

4 minutes

The Long Shadow of Deindustrialization

#Manufacturing # UK

26 Jul 24

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

Latest Jobs Report Reframes the United Kingdom’s Outlook

#Labor Markets # UK

19 Jul 24

4 minutes

The Real Deal With Real Wages and Productivity

#Labor Markets # Demographics # US

12 Jul 24

It's a popular misconception that real wages have stagnated for decades. The data that backs this uses inappropriate inflation data.

4 minutes

The Labor Market is Slowing, and That’s (Mostly) Okay

#Labor Markets # US

09 Jul 24

June's employment numbers showed a cooler labor market, with gains of 206,000 and the unemployment rate slipping to 4.1%.

4 minutes

Climate Change Is Today’s Economic Problem, Not Tomorrow’s

#Labor Markets # Europe # Germany # UK

28 Jun 24

Climate change is no longer a distant threat. It is already negatively impacting European economies and labor markets.

5 minutes

Can Weight Loss Drugs Boost Economic Growth?

#Labor Markets # Demographics # Europe # Macroeconomy # US

21 Jun 24

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

The Diverging Job Numbers – And Which One is Correct

#Labor Markets # News # US

13 Jun 24

Two surveys offer the primary insights into the labor market, but recently, the job numbers they offer have been diverging.

5 minutes

May Flowers Bring Job Power: US Economy Beats Projections

#Labor Markets # US

07 Jun 24

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

What Kind of Labor Market Awaits Gen Z Graduates?

#Labor Markets # Demographics # US

24 May 24

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 Minimum Wage Has Leveled Pay in the UK

#Labor Markets # UK

15 May 24

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

Full-Court Press or Fast Break for Canada’s Labor Market?

#Labor Markets # Canada

10 May 24

The Canadian labor market had a surprisingly strong April, but is it a sign of a lasting trend or simply a blip?

4 minutes

When was the Best Labor Market for US Workers?

#Labor Markets # US

09 May 24

The United States labor market has been impressively strong for some time, but is this the best labor market ever? Not quite.

4 minutes

April Showers? Not Quite for Jobs

#Labor Markets # US

03 May 24

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

Spain’s Economy is Enjoying a Comeback

#Europe # Leisure and Hospitality

02 May 24

Spain’s decade-long depression finally seems to be over. The country is enjoying a labor market recovery and a tourism boom.

5 minutes

Decoding Global Talent: Understanding Trends in US Immigration

#Labor Markets # Macroeconomy # US

26 Apr 24

According to a new report, the United States continues to be a top destination for international talent seeking opportunities abroad.

4 minutes

Conflicting Macro Data Causes Severe Headaches for the BoE

#Labor Markets # Macroeconomy # UK

18 Apr 24

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

Weapons, Wine, and Beauty Products: The French Economy is Hot

#Labor Markets # Europe # Macroeconomy

10 Apr 24

The French economy has been outperforming thanks to fashionable exports, favorable demographics, and an attractive investment environment.

6 minutes

Steering Through Challenges in Canada

#Labor Markets # Canada # Macroeconomy

08 Apr 24

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

How Strong is Too Strong?

#Labor Markets # Healthcare # Recruiting # Technology # US

05 Apr 24

The U.S. labor market had another impressive month, but is the enduring growth too strong for the Federal Reserve?

3 minutes

Immigration Unexpectedly Thwarts the Population Time Bomb

#Labor Markets # Demographics # Germany # Macroeconomy # UK

28 Mar 24

Advanced economies are facing shrinking workforces. But the recent immigration surge is now throwing off some older population forecasts.

5 minutes

The UK is in the Midst of a White-Collar Recession

#Labor Markets # Demographics # Macroeconomy # UK

22 Mar 24

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

Canada Weathers the Winter Employment Storm

#Labor Markets # Canada

14 Mar 24

Canada's labor market rebounded in February, making impressive gains of 40,700 net new jobs in a high interest rate environment.

5 minutes

No “Landing” For High-Flying Job Market

#US # Labor Markets

08 Mar 24

The U.S. labor market continues to defy gravity: with 275,000 net new jobs in February (beating expectations once again) job growth doesn’t appear to be “landing” at all.

3 minutes

The Unexpected Wage Compression

#Labor Markets # Demographics # US

07 Mar 24

After decades of stalling wage gains for the lowest earners, the U.S. is experiencing a dramatic wage compression.

5 minutes

The Divide Between Graduates’ Aspirations and Industry Demand

#Labor Markets # Demographics # US

23 Feb 24

Despite the robust job market, recent college graduates face greater challenges in securing employment than the rest of the population.

4 minutes

The U.K. Slipped Into Recession: What Does That Mean for the Labor Market?

#Labor Markets # Macroeconomy # UK

21 Feb 24

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