Where in the World are the DINKs?

Couples in different advanced economies face different opportunity costs when it comes to children, creating different pockets of DINKs across the globe.

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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.

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.

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

Accommodation & Food Service Snapshot

07 Feb 24

A Standout Sector Slows Down

Accommodation & Food Service

Employment Trends in Food Service and Accommodations


The accommodation and food services sector had another strong quarter, adding 28,400 net new jobs in December to close out the year. While this is impressive, the sector has certainly slowed from its booming pace in 2022, just one example of a slower overall labor market. As always (and by virtue of its sheer size), the food services sector outperformed the accommodation sector. Food services added 22,100 jobs in December, while the accommodation sector added 6,300. While these numbers are solid, we will be on the lookout for revisions to these initial figures. You might remember in September that the accommodation and food services sector was reported to have added 76,300 jobs. That number was revised down to 65,400. During the 2021-2022 recovery, there was a cluster of positive revisions. Now, the official data is coming in lower than the initial release. It’s something to keep in mind if we get another mammoth initial report.

 

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Couples in different advanced economies face different opportunity costs when it comes to children, creating different pockets of DINKs across the globe.
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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.
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