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.

News

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.

recruitonomics

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

Manufacturing Snapshot

07 Feb 24

Overcoming the Setbacks: Manufacturing’s Rebound

Employment Trends in Manufacturing

The manufacturing sector experienced a notable decline in job additions during the fourth quarter, primarily attributed to strike activity in the auto industry. Particularly, transportation equipment manufacturing faced a significant setback in October 2023, shedding 35,000 jobs. However, the scenario improved in November as the United Auto Workers union reached tentative agreements with major Detroit car manufacturers, resulting in the addition of 34,800 jobs in transportation equipment manufacturing.

Despite this improvement, the overall momentum slowed, with transportation equipment manufacturing adding the most jobs on a three-month moving average (2,800), a substantial decrease from the third quarter. Notably, food manufacturing, machinery, and computer electronic products, which showed minimal growth or even job losses in September 2023, rebounded in December 2023, collectively adding 1,600 jobs across all three subsectors.

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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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