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.

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

Transportation & Warehousing Snapshot

07 Feb 24

Transportation and Warehousing Growing at a Snail’s Pace

Employment Trends in Transportation and Warehousing


Once again, the transportation and warehousing sector had a disappointing quarter, dragged down by the dwindling warehousing sector. Even during the holiday season, when warehouses are stuffed with gifts waiting to be received, the sector did not experience any gains. In October, the sector suffered losses of 28,000 net jobs, in November it shrunk by 5,000, and it rounded out the year by losing 22,600 jobs in December. However, warehousing was not the largest drag on the sector last month. The couriers and messengers subsector lost 32,300 net jobs in December. While this is quite a dramatic decline, it could be revised in the months to come. Revisions have been sizeable in the past two years, and while they have switched from usually positive to usually negative, this one-month swing feels too large to not be a measurement error.

Outside of the couriers and messengers situation, transportation subsectors are performing far better than the warehousing subsector. Air and transit transportation employers both added over 3,000 net new jobs in December, while rail transportation gained a modest 500 net jobs. The warehousing sector lost 4,900 jobs in December.

 

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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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