All #Labor Markets Stories

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?

#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

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?

#Labor Markets # Macroeconomy # UK

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?

#Labor Markets # Macroeconomy # UK

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

03 Oct 23

Time has run out on the pandemic-era child care funding program. That presents a challenge to working parents and child care providers across the country.

3 minutes

Is the American Rust Belt Primed for a Resurgence?

#Labor Markets # Manufacturing # US

26 Sep 23

Is this the moment of resurgence for cities and states in the Rust Belt that suffered in recent decades due to the "China Shock"?

4 minutes

Hot Labor Summer Continues Into the Fall

19 Sep 23

Organized labor has been the hottest trend lately, earning the name "hot labor summer." But this era of labor activity is far from over.

4 minutes

Canada’s Population is Booming, but is Employment Keeping Pace?

08 Sep 23

Canada's labor market is cooling, but population growth in the country remains strong. Unemployed workers face a more difficult hiring landscape.

2 minutes

As Summer Ends, the Labor Market Cools

01 Sep 23

The U.S. labor market is clearly cooling. In August, the economy added 187,000 net new jobs and the gains in June and July were revised down.

3 minutes

Jobs Numbers Are Boring Again, But That’s a Good Thing!

04 Aug 23

The U.S. labor market added a moderate 187,000 net new jobs in July and the unemployment rate ticked down to 3.5%.

4 minutes

Canada’s Rocky Road: A Labor Market Journey