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.

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

#Labor Markets

All #Labor Markets Stories

The latest United Kingdom jobs report was not as jolly as we would like.
4 minutes
The U.S. economy added 227,000 net new jobs in November, confirming that October's weakness was a blip caused by external factors.
3 minutes
The election of Donald Trump will have profound impacts on European economies. We explore the potential impact on German labor markets.
6 minutes
Hiring for recruiters has slowed in many industries. The highly cyclical profession tells a story of the broader labor market.
3 minutes
The United Kingdom latest employment data will worry the BoE and the new government, especially the low level of worker churn.
5 minutes
As the election fast approaches, we look at the economic and demographic dynamics in Pennsylvania, a key swing state.
6 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
The September jobs report was surprisingly strong, as the U.S. economy added 254,000 net new jobs, far higher than forecasts.
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
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
The August jobs report features modest employment gains and a decrease in unemployment, but it leaves the Fed in a tough position.
4 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
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 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
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
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 Canadian labor market had a surprisingly strong April, but is it a sign of a lasting trend or simply a blip?
4 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
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 decade-long depression finally seems to be over. The country is enjoying a labor market recovery and a tourism boom.
5 minutes
According to a new report, the United States continues to be a top destination for international talent seeking opportunities abroad.
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
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
The U.S. labor market had another impressive month, but is the enduring growth too strong for the Federal Reserve?
3 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
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 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
After decades of stalling wage gains for the lowest earners, the U.S. is experiencing a dramatic wage compression.
5 minutes
Despite the robust job market, recent college graduates face greater challenges in securing employment than the rest of the population.
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
The Canadian labor market made some impressive employment gains in January, but trouble is still brewing under the surface.
4 minutes
The jobs market added a surprisingly strong 353,000 net new jobs in January, while the unemployment rate remained low at 3.7%.
4 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
Will ChatGPT be labor-augmenting or labor-displacing? The technology has the potential to create a new type of laborer: the Centaur Worker.
6 minutes
As AI has become firmly entrenched in the recruitment process, concerns have arisen about potentially negative effects.
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

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