All #Demographics Stories

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

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.

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

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

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.

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

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

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

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

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

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

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

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

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.

America’s history is rooted in an open immigration policy – and owes much of its economic success to it.

Japan's dismal demographic outlook has caused an interesting phenomenon: low unemployment paired with negative GDP growth. These "full employment recessions" are becoming more common in Europe.

The German economy has benefited from a surge in immigration, but a skill mismatch is emerging.

Canada’s liberal immigration policies are a success story. The country’s population recently reached 40 million, surpassing that of California.

A massive inflow of Ukrainian refugees has boosted Poland’s labor supply and is contributing to its economy outperforming the rest of Europe.

Despite Brexit, the U.K. will remain a popular immigration destination, but the housing market will be a constraint moving forward. 

The post-pandemic labor market has been extremely tight with many vacancies left unfilled.

Economic growth in the United Kingdom depends on the strength of the labor force. But Brexit, demographic declines, and long-term health issues threaten that strength.

At the onset of the pandemic, females in the workforce suffered. From February to April 2020, prime-age labor force participation among women plummeted 3.5 percentage points, from 77% to 73.5%.

In the past two years, wage growth has been dramatic for low-wage workers, reducing inequality. Can this trend continue into 2023? 

Labor force participation still lags behind its pre-pandemic level, but some age groups are faring better than others.

Employment in child day care services has yet to recover from the COVID-19 shock. Parents of young children are suffering – but recruiters can help.

The bottom 25% of earners are gaining wages at the highest rate since 1998. Gains made by first quartile earners are outpacing those of higher quartiles by at least a full percent. 

How does economic growth happen? It’s a hard question to answer but economists have tried for centuries. Perhaps the most famous model came from MIT economist Robert Solow in 1956. The Solow growth model specifies three factors that fuel growth: productivity, capital, and labor. 

Quits rates are at an all time high, reaching 3.0% in November of 2021. Interpreting this trend has two camps: a cultural shift where people have a lower willingness to work, or a cyclic pattern exhibited during times of quick economic recovery.

The U.S. economy added a shocking 467,000 net new jobs in January 2022, far above expectations, despite the surge of Omicron cases that saw 15 million people get COVID last month.