Julius Probst, PhD frames London's housing crisis as a key driver of stagnant productivity, offering infrastructure as a way to expand its workforce.

News

Economist Julius Probst, PhD dives into Canada's bleak August jobs data to explain reasons for the downturn—and why the economy may follow.

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

Julius Probst, PhD frames London's housing crisis as a key driver of stagnant productivity, offering infrastructure as a way to expand its workforce.
6 minutes
Economist Julius Probst, PhD dives into Canada's bleak August jobs data to explain reasons for the downturn—and why the economy may follow.
6 minutes
Economist Sam Kuhn takes a close look at August's labor market data, highlighting weak points at the brink of a downturn.
3 minutes
Julius Probst, PhD compares UK minimum wage policy to Germany, with an eye toward long-term macroeconomic impact.
6 minutes
Economist Sam Kuhn explores spiking competition for top AI talent in terms of supply, demand, and impact on the future of the labor market.
7 minutes
Julius Probst, PhD explores the limitations of the UK's labor market data and how it complicates policy decisions.
6 minutes
Julius Probst, PhD examines the perilous outlook for the Italian labor market as both young and old continue to leave its labor force.
5 minutes
Sam Kuhn reports on the most recent labor market data from the BLS as downward revisions suggest much more rapid cooling than previously thought.
5 minutes
Julius Probst examines industries in the United States that are highly reliant on migrant labor—and most exposed to fallout from Trump's immigration agenda.
7 minutes
Around the world, recent college graduates are struggling to find entry-level positions. Welcome to the Global Graduate Recession!
5 minutes
The new immigration regime will have impacts on immigration, and therefore GDP and wages, far down the line.
9 minutes
The Trump administration's dramatic immigration policies will shake up the labor market, but perhaps not in the way people suspect.
6 minutes
Less than three years after inflation peaked at over 10% in October 2022, the Eurozone is now facing risks of deflation.
5 minutes
The volatility in the stock market over the last week has been staggering, but does a crash cause a broader labor market downturn?
5 minutes
The labor market had an impressive month in March, but the freshly announced tariffs take center stage this week.
5 minutes
Germany has long been the poster child of fiscal conservatism, but new fiscal spending plans could transform the country.
4 minutes
A new German government has charted a path out of Germany's current economic stagnation, but can defense spending really save the day?
6 minutes
The February jobs report showed a resilient labor market, despite the recent economic uncertainty brought on by tariffs and DOGE.
4 minutes
Tight labor markets in the United Kingdom, United States, and Spain attracted higher levels of immigrants in recent years.
5 minutes
January's jobs report features historical revisions of 2024 data that change the way we think about today and tomorrow's labor market.
4 minutes
The United Kingdom's tax system, including high marginal tax rates, is preventing the economy from reaching its full potential.
6 minutes
After joining the European Union two decades ago, Eastern Europe's growth has become one of the greatest economic success stories of our time.
6 minutes
The U.S. labor market added 256,000 net new jobs in December, but what will the new year and new administration bring for the labor market?
4 minutes
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

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