All #News Stories

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

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.

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

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%.

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.

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

Job growth surprised again in Canada last month, but strong wage growth complicates things for the Bank of Canada's fight against inflation.

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.

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.

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

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?

Ireland was predicted to fall victim to American tech companies' slowdown earlier this year, but employment has held up strongly.

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.

American college students have shared which employers they want to work for. Discover the most popular employment destinations today!

American college graduates preparing to enter the workforce have shared what they want from their careers.

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

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. 

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

While there is no doubt new AI technologies like ChatGPT will boost productivity, history tells us it could take some time.

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.

The jobs market remains strong! In April, payroll employment rose by 253,000 and the unemployment rate fell to a half-century low of 3.4%.

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.

Since 2020, recruiting has been difficult. In 2023, recruitment pressures have eased, reducing cost-per-application and cost-per-click.

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.