#News

The latest from Recruitonomics

All #News Stories

Decoding Global Talent: Understanding Trends in US Immigration

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

Seven Facts About UK Migration

#Demographics # UK

26 Apr 24

The U.K. has experienced a surge in immigration lately, so we gathered seven facts about the current state of immigration.

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

#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

Germany, Literally the Sick Man of Europe

#Germany # Macroeconomy

15 Mar 24

The amount of sick leave in Germany can partially explain why Germany’s economy tipped into recession last year.

5 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

Where in the World are the DINKs?

#Demographics # World

01 Mar 24

Couples in different advanced economies face different opportunity costs when it comes to children, creating different pockets of DINKs across the globe.

4 minutes

Keeping Up With the DINKs

#Demographics # Macroeconomy # World

28 Feb 24

Raising kids has become increasingly expensive but not necessarily in the way that you think. Women increasingly choose career over babies – welcome to the DINK phenomenon.

4 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

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

#Labor Markets # Demographics # US

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

What Really Caused the Vibecession?

#News # Macroeconomy

07 Feb 24

Though the economy has performed impressively, negative vibes about the future of the economy have persisted. What caused this "vibecession"?

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

Revisions to the Job Numbers May Trouble the Fed

#Macroeconomy # US

23 Jan 24

Data revisions have subtracted more than 400,000 jobs throughout 2023, something that Fed policymakers should keep an eye on.

5 minutes

Push and Pull Factors: Migration to OECD Countries at Record High

#World # Demographics # Germany # UK # US

17 Jan 24

OECD countries have seen a surge in migration recently. In the future, expect permanently higher migration flows due to new factors at work.

5 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

UK’s GDP Growth Looks Nice on the Surface

#Macroeconomy # UK

09 Jan 24

Overall GDP growth in the U.K. has been steady, but the increase is driven by population growth, rather than productivity and income growth.

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

A Tour of a Holiday Home, Told Through Charts

#Macroeconomy

22 Dec 23

Ah, the holiday season. We decided to spark some holiday cheer by finding the most festive charts we could.

2 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

Disabled Workers Have Thrived in Recent Years. Can it Last?

#Demographics # Recruiting # US

05 Dec 23

Recent developments have contributed to impressive labor force outcomes for disabled workers, but are they permanent or transient solutions?

4 minutes

Canadian Economy Unsteady Heading Into 2024

#Canada # News

01 Dec 23

The Canadian labor market added 25,000 new jobs in November, while the unemployment rate rose to 5.8%.

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

Finding Meaning and Purpose in Today’s Work Landscape

#Recruiting # US

28 Nov 23

Employees desire meaningful work, but not every worker finds purpose within their professions. What can employers do to help curate purpose?

5 minutes

The UK Labor Market Does Not Reward Graduates

#Demographics # UK

21 Nov 23

Though more and more people are graduating from college, the U.K. labor market has a troubling graduate skill premium.

5 minutes

Rising Rates Were Tempting, But Forecasters Got Recession Calls Wrong

#Macroeconomy # US

14 Nov 23

Rapidly rising interest rates didn't create the big economic downturn that many forecasters predicted. How did the economy avoid a recession?

4 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

Age and Remote Work Preferences: Dispelling the Myths

#Demographics # Europe # Recruiting # US

07 Nov 23

Many assume young workers are driving the push towards remote work, but age alone does not determine whether one is working onsite or not.

4 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

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

Reports of a US Recession Were Greatly Exaggerated

#US # Macroeconomy

26 Oct 23

U.S. GDP growth was a startlingly strong 4.9% in Q3, driven by consumer spending. This level of growth is very far from recession territory.

4 minutes

Fed Data Reveals Americans More Prosperous Than Ever

#Macroeconomy # Demographics # US

24 Oct 23

Recently Federal Reserve data reveals that Americans are wealthier than ever. Net worth, adjusted for inflation, surged during the pandemic.

4 minutes

The Bank of England’s Next Policy Blunder? The QE Time Bomb

#Macroeconomy # UK

18 Oct 23

The risks to quantitative easing are benign during anemic recoveries. In this period of high inflation, it could results in bad losses.

5 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

The Hindrance of Inadequate Child Care Services

#Labor Markets # Demographics # US

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