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.

recruitonomics

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

#Macroeconomy

What You’ll Find: Inflation and debt. Labor shortages and unionization. Recessions and financial bubbles. Monitoring macroeconomic trends is critical to understanding shifts in the US labor market.

All #Macroeconomy Stories

European consumers are saving more and spending less, impeding economic recovery across the continent. But real wage growth may be to blame.
7 minutes
President-elect Donald Trump's policies on taxes, tariffs, and immigration will have impacts across the economy and on recruiters.
8 minutes
The Autumn Budget was one of the most important in decades, as the measures will materially change the U.K. macroeconomic outlook.
7 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
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
High interest rates in the Europe have stifled economic growth. High German wage growth is a risk, but the ECB should continue to ease policy.
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
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
The amount of sick leave in Germany can partially explain why Germany’s economy tipped into recession last year.
5 minutes
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
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
The Canadian labor market made some impressive employment gains in January, but trouble is still brewing under the surface.
4 minutes
Though the economy has performed impressively, negative vibes about the future of the economy have persisted. What caused this "vibecession"?
4 minutes
Data revisions have subtracted more than 400,000 jobs throughout 2023, something that Fed policymakers should keep an eye on.
5 minutes
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
Since the pandemic started, stability has been lacking in the labor market. The outlook for 2024 looks much more normal.
4 minutes
Ah, the holiday season. We decided to spark some holiday cheer by finding the most festive charts we could.
2 minutes
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
The outlook for the Eurozone is not looking positive for 2024, especially if the European Central Bank continues on its current path.
5 minutes
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
Rapidly rising interest rates didn't create the big economic downturn that many forecasters predicted. How did the economy avoid a recession?
4 minutes
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
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
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
Recently Federal Reserve data reveals that Americans are wealthier than ever. Net worth, adjusted for inflation, surged during the pandemic.
4 minutes
The risks to quantitative easing are benign during anemic recoveries. In this period of high inflation, it could results in bad losses.
5 minutes
Corporate greed has been wrongly blamed for this bout of inflation. Greedflation isn't the problem. Excess growth and labor shortages are.
5 minutes
Inflation has subsided, while the economy has been surprisingly strong. A soft landing looks likely, but there are still some risks.
5 minutes
The story of the United Kingdom's economy lately has been one of disaster, but recent revisions may have changed the narrative.
4 minutes
High frequency indicators allow economists to gauge economic performance in real-time and they are pointing at a German contraction.
5 minutes
The dysfunctional housing market in the United Kingdom prevents workers from moving to highly productive cities, leading to underperformance.
4 minutes
After years of stagnation following the Eurozone crisis, Southern Europe has turned the tables and is now outperforming the rest of the Eurozone.
4 minutes
Advanced economies are experiencing very tight labor markets. This worker shortage has implications for hiring. Recruiters are increasingly poaching employees rather than recruiting from a shrinking pool of unemployed, which has implications for monetary policy.
8 minutes
Taylor Swift's Eras Tour has become the event of the summer, with some claiming it has saved the economy. Can popstars prevent recessions?
4 minutes
The German economy is once again underperforming, experiencing a technical recession earlier this year. But why is the country sick again?
6 minutes
Germany was dubbed “the sick man of Europe” in the early 2000s. Labor market reforms paired with favorable macroeconomic conditions cured the economic malaise.
4 minutes
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.
4 minutes
The Canadian labor market came back roaring in June, adding an impressive 60,000 net new jobs.
3 minutes
After ten consecutive increases, the Federal Reserve paused its rate hike cycle on Wednesday, easing recession fears.
3 minutes
The Canadian labor market is showing signs of trouble. In May, employment dropped, and Gen Z students are partially to blame.
2 minutes
Maybe the U.S. job market’s hot streak isn’t slowing after all! The labor market defied expectations once again, adding 339,000 jobs in May.
4 minutes
Germany is officially in a recession. Though there are declines in several industries, weak government spending is the largest drain.
5 minutes
Political polarization is hurting the U.S. economy. The debt ceiling standoff is just the latest – and most dangerous – example.
4 minutes

Sign up to receive the latest updates!