All #Macroeconomy Stories

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

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.

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.

The Canadian labor market made some impressive employment gains in January, but trouble is still brewing under the surface.

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

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

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

Since the pandemic started, stability has been lacking in the labor market. The outlook for 2024 looks much more normal.

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

The United Kingdom's economic outlook is only slightly more uncertain than its current status, which is bad news for the central bank.

The outlook for the Eurozone is not looking positive for 2024, especially if the European Central Bank continues on its current path.

The American jobs market once again saw impressive gains in November, as shown in a jobs report that supported the soft landing narrative.

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

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.

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?

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.

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

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

Corporate greed has been wrongly blamed for this bout of inflation. Greedflation isn't the problem. Excess growth and labor shortages are.

Inflation has subsided, while the economy has been surprisingly strong. A soft landing looks likely, but there are still some risks.

The story of the United Kingdom's economy lately has been one of disaster, but recent revisions may have changed the narrative.

High frequency indicators allow economists to gauge economic performance in real-time and they are pointing at a German contraction.

The dysfunctional housing market in the United Kingdom prevents workers from moving to highly productive cities, leading to underperformance.

After years of stagnation following the Eurozone crisis, Southern Europe has turned the tables and is now outperforming the rest of the Eurozone.

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.

Taylor Swift's Eras Tour has become the event of the summer, with some claiming it has saved the economy. Can popstars prevent recessions?

The German economy is once again underperforming, experiencing a technical recession earlier this year. But why is the country sick again?

Germany was dubbed “the sick man of Europe” in the early 2000s. Labor market reforms paired with favorable macroeconomic conditions cured the economic malaise.

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 Canadian labor market came back roaring in June, adding an impressive 60,000 net new jobs.

After ten consecutive increases, the Federal Reserve paused its rate hike cycle on Wednesday, easing recession fears.

The Canadian labor market is showing signs of trouble. In May, employment dropped, and Gen Z students are partially to blame.

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.

Germany is officially in a recession. Though there are declines in several industries, weak government spending is the largest drain.

Political polarization is hurting the U.S. economy. The debt ceiling standoff is just the latest – and most dangerous – example.

The recession that was revised away: new economic projections from the BoE no longer show an upcoming downturn in the United Kingdom.

How can a country with five million inhabitants distort the GDP of Europe, an economic area with more than 340 million people?

Recent cooling in the economy has contributed to softer price increases in the headline numbers, but inflation remains fairly stubborn.

Canada saw another strong month of gains in April but this time the increase was driven by part-time work.

Unlike other advanced economies, the U.K. is experiencing particularly sticky inflation and the real possibility of a wage-price spiral.

A tight labor market continues to deliver steady income growth, even in the face of entrenched inflation; that income growth is powering consumer spending, and that spending is holding up an otherwise lackluster economy.

Eurozone inflation remains too hot, but commodity prices and distorted supply chains are no longer the causes. It's excess demand.

Inflation is cooling overall, but housing inflation remains stubbornly high. This neutral report underscores the pressure still on the Fed.

The U.S. added 236,000 jobs in March and the unemployment rate ticked down to 3.5%, signs of a strong but cooling labor market. This is what the Fed wants to see to justify the ending its cycle of rate hikes.

With low unemployment and a booming service industry, the Canadian labor market continues to show strength, despite recessionary fears. Overall, the Canadian labor market added 35,000 new jobs, a 0.2% increase from last month’s gains. 

The natural rate of unemployment is a key economic variable used by the Federal Reserve to assess the stance of monetary policy and economic growth, but it was overestimated for years.

Though a majority of economists expect a recession in 2023, some still believe in a soft landing scenario. Here's Recruitonomics' case for no recession.

A majority of economists believe a recession is likely in 2023, but they may not have enough faith in the Fed's inflation-fighting abilities.

The difference between the central bank and the OBR reflects diverging assumptions about employment, worker productivity, and business investment.

Financial volatility has returned to the Eurozone, but the central bank continued to hike interest rates to fight inflation. Germany's economy is at risk.