All #Labor Markets Stories

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

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

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?

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?

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?

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

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

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

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

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

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?

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

How Would We Know if a State is in a Recession?

15 Feb 24

Pinpointing a national downturn is difficult enough, but knowing whether a state is in a recession or not is even more tricky.

5 minutes

Canada’s Labor Market Takes One Step Forward, Two Steps Back

#Labor Markets # Canada # Macroeconomy

14 Feb 24

The Canadian labor market made some impressive employment gains in January, but trouble is still brewing under the surface.

4 minutes

Jobs Market Starts the Year Off With a Bang!

02 Feb 24

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

Post-Brexit, the UK is Becoming a Service Export Superpower!

#UK # Labor Markets # World

01 Feb 24

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

The Rise of the Centaur Worker: ChatGPT’s Impact on the Jobs Market

#Labor Markets # Recruiting # Technology

26 Jan 24

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

The Impact of AI and Automation on Recruitment Dynamics

#Technology # Recruiting

12 Jan 24

As AI has become firmly entrenched in the recruitment process, concerns have arisen about potentially negative effects.

4 minutes

New Year, New Problems for Canada’s Economy

08 Jan 24

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

2024 US Labor Market Outlook: Moving to Beige (Stable and Boring)

#Labor Markets # Macroeconomy # US

05 Jan 24

Since the pandemic started, stability has been lacking in the labor market. The outlook for 2024 looks much more normal.

4 minutes

UK Outlook: Exceeding Expectations but… Stagnating?

15 Dec 23

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

Eurozone 2024 Outlook: Monetary Policy in the Driver’s Seat

#Labor Markets # Europe # Germany # Macroeconomy

12 Dec 23

The outlook for the Eurozone is not looking positive for 2024, especially if the European Central Bank continues on its current path.

5 minutes

US Jobs Market Won’t Quit!

#Labor Markets # Macroeconomy # US

08 Dec 23

The American jobs market once again saw impressive gains in November, as shown in a jobs report that supported the soft landing narrative.

3 minutes

Tory Tax Cuts: Money Illusion is Doing Some Heavy Lifting

#News # Healthcare # UK

30 Nov 23

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

The BoE is Sacrificing the Labor Market… Blindly?

09 Nov 23

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

UAW Taps the Brake on Speedy Job Growth

#US # Labor Markets # Manufacturing # Recruiting

03 Nov 23

The strikes in the auto industry impacted job growth this month, as the labor market added 150,000 jobs and the unemployment rate ticked up to 3.9%.

3 minutes

Canadian Recruiters Bundle Up as the Labor Market Turns Frosty

03 Nov 23

The Canadian labor market grew by 18,000 jobs last month, but the unemployment rate increased. The labor market is certainly cooling.

3 minutes

Keynes’ Imagined Utopia Isn’t Quite Here… Yet

#Macroeconomy # Europe # Germany # Labor Markets # US

01 Nov 23

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

Data Science: The Not-So-Sexy Profession?

#Technology

13 Oct 23

Over ten years ago, the data science career was called the "sexiest job of the 21st century." Does that still hold?

4 minutes

Nobel Prize 2023: Understanding Women’s Labor Market Outcomes Throughout History

#Labor Markets # Demographics # News

10 Oct 23

Claudia Goldin was awarded a Nobel Prize this year for her work on women's labor market outcomes through time.

5 minutes

Job Boom Puts Bank of Canada on Edge for Rate Hike

#Labor Markets # Canada # Recruiting

09 Oct 23

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

It’s Friday, I’m In Love (With the Labor Market)

06 Oct 23

The U.S. economy added 336,000 net new jobs in September, proving that the labor market remains strong despite recession fears.

3 minutes

The Hindrance of Inadequate Child Care Services