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.

#Recruiting

What You’ll Find: Data-driven insights that explain how shifts in the economy will directly impact the future of recruiting. In an ever-changing economic landscape, understanding the nuances of the labor market gives recruiters the edge they need to stay ahead.

All #Recruiting Stories

Hiring for recruiters has slowed in many industries. The highly cyclical profession tells a story of the broader labor market.
3 minutes
The number of skill-shortage vacancies in the U.K. has surged in recent years, particularly for blue-collar occupations that are affected by Brexit.
6 minutes
The U.S. labor market experienced a worker reallocation shock during the pandemic, possibly contributing to the productivity boost.
7 minutes
The U.S. labor market had another impressive month, but is the enduring growth too strong for the Federal Reserve?
3 minutes
Will ChatGPT be labor-augmenting or labor-displacing? The technology has the potential to create a new type of laborer: the Centaur Worker.
6 minutes
As AI has become firmly entrenched in the recruitment process, concerns have arisen about potentially negative effects.
4 minutes
Recent developments have contributed to impressive labor force outcomes for disabled workers, but are they permanent or transient solutions?
4 minutes
Employees desire meaningful work, but not every worker finds purpose within their professions. What can employers do to help curate purpose?
5 minutes
Many assume young workers are driving the push towards remote work, but age alone does not determine whether one is working onsite or not.
4 minutes
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%.
3 minutes
Job growth surprised again in Canada last month, but strong wage growth complicates things for the Bank of Canada's fight against inflation.
3 minutes
American college students have shared which employers they want to work for. Discover the most popular employment destinations today!
3 minutes
American college graduates preparing to enter the workforce have shared what they want from their careers.
3 minutes
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%.
4 minutes
Canada saw another strong month of gains in April but this time the increase was driven by part-time work.
5 minutes
Since 2020, recruiting has been difficult. In 2023, recruitment pressures have eased, reducing cost-per-application and cost-per-click.
4 minutes
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.
3 minutes
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%.
3 minutes
The same tight labor market that has plagued recruiters in the past couple years has brought job seekers back into the fold, softening recruiting costs.
4 minutes
Wage growth slowed in the fourth quarter of 2022, encouraging news for Federal Reserve officials worried about too strong growth.
2 minutes
Today's inflation will determine tomorrow's labor market. What does the latest CPI report mean for 2023's economy?
4 minutes
Demand in the manufacturing sector has withstood the Federal Reserve's combative monetary policy. Because of consumer spending and new investments, employment growth in the sector has been better than ever.
3 minutes
The labor market cannot be defined singularly – instead, it is a collection of industries and locations that have unique reasons and demands for workers. These micro-markets are where the real changes in supply and demand occur.
3 minute
For recruiters, 2022 has been a confusing years. What economic trends contributed to the difficult recruitment landscape this year?
5 minutes
The Accommodation and Food Services sector added 78,000 new jobs last month. Strong consumer demand for services continues to bolster labor demand in the industry.
A survey of worker power in three large economies shows that benefits of the tight labor market are not equivalent.
4 minutes
Pay transparency laws are sweeping the nation and changing the world of recruiting. How do these shifting norms impacts recruiters?
4 minutes
Healthcare openings are declining, but recruiting costs remain stubbornly high.
2 minutes
Construction employment trends in September showed strength despite economic confusion. Download the sector's Labor Market Snapshot for more!
1 minute
Discouraged by the state of recruiting in an overheated market, employers are hoarding labor as uncertainty mounts.
4 minutes
Labor force participation still lags behind its pre-pandemic level, but some age groups are faring better than others.
3 minutes
Recent turnover and wage trends for restaurant workers hint at more substantial changes across the labor market.
4 minutes
The U.S. economy is facing three important shifts, but the labor market remains resilient, adding 263k jobs in September.
4 minutes
In August, job openings fell dramatically. The tight labor market of the last two years may finally be cooling off without layoffs increasing.
4 minutes
Retailers face uncertainty heading into the holiday season. Several factors will impact their seasonal hiring goals this year.
3 minutes
Seasonal hiring is officially upon us, but the competition for seasonal workers may be decreased this year.
4 minutes
Canada is facing economic challenges similar to its southern neighbour’s: tight labour market conditions and decades-high inflation.
3 minutes
Our new Labor Market Snapshots will help recruiters understand the economic forces shaping their recruitment challenges.
1 minute
Harry Styles may not be a typical worker but he has one important thing in common with workers across the United States: they’re both in high demand and likely to give up the commute.
4 minutes
Education has been a difficult industry to recruit for since COVID began. Now, several parts of the U.S. are facing teacher shortages.
3 minutes
Pay is the most important factor when searching for a job. Salary transparency laws will help job seekers, but what's the impact on employers?
7 minutes
The Federal Reserve is set to hike interest rates again on Wednesday. Industries such as construction could see large employment impacts.
3 minutes
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.
2 minutes
Initial unemployment claims have been rising steadily from historic lows. Are recession fears beginning to sink into a strong labor market?
3 minutes
The consumer price index increased in June, up 9.1% from the year before and 1.3% from May. Broad-based increases contributed to this hike, and high energy prices persisted in driving the report. 
2 minutes
The Fed is happy to see strong payroll gains and moderating wage growth in the June jobs report. Payroll gains of 372,000 and the unemployment rate remaining at 3.6% is simply a great jobs report.
5 minutes
In the face of recession fears, the labor market is still historically tight, but signs of depressurization are beginning to show. The number of job openings in May was 11.3 million, down slightly from April’s number of 11.4 million.
5 Minutes
The current labor market is often described as "tight," and it may be hard to visualize what that really means. Considering the ratio of unemployed people to job openings gives a clearer picture of exactly how tight or slack the labor market is.
2 minutes
Summer is upon us. School’s out, vacations are beginning, and people are ready to hit their favorite seasonal locales. However, facing a labor shortage, businesses might have a hard time keeping up this summer.
2 minutes
The U.S. economy added a solid 390,000 net new jobs in May 2022. The unemployment rate remained unchanged at 3.6%, nearly a 50-year low.
5 minutes

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