#World

The latest in global Economic trends and conditions and how these affect labor markets across the world.

All #World Stories

Germany’s €1 Trillion Bazooka: What Does it Mean for the Labor Market?

19 Mar 25

Germany has long been the poster child of fiscal conservatism, but new fiscal spending plans could transform the country.

4 minutes

Can Increased Defense Spending Save the German Economy?

#Germany # Macroeconomy

11 Mar 25

A new German government has charted a path out of Germany's current economic stagnation, but can defense spending really save the day?

6 minutes

Despite the DOGE Blitz, Hiring Still Ticks

#US # Macroeconomy

07 Mar 25

The February jobs report showed a resilient labor market, despite the recent economic uncertainty brought on by tariffs and DOGE.

4 minutes

Ongoing and Worse Than We Thought: The White-Collar Downturn

#Finance & Insurance # Technology # World

28 Feb 25

Last month's revised jobs data confirmed that the white-collar downturn in 2024 was worse than previously understood.

5 minutes

The Great Stay: Has the Job Market Lost Its Dynamism?

#Recruiting # Healthcare # Technology # US

20 Feb 25

Less quitting, less hiring, less firing. The Great Stay is definitely upon us, but the labor market has continued to expand. How?

4 minutes

Tight Labor Markets are a Strong Pull Factor for Immigrants

#US # Europe # Macroeconomy # UK

14 Feb 25

Tight labor markets in the United Kingdom, United States, and Spain attracted higher levels of immigrants in recent years.

5 minutes

The Past, Present, and Future of the US Labor Market

#Labor Markets # Macroeconomy # US

07 Feb 25

January's jobs report features historical revisions of 2024 data that change the way we think about today and tomorrow's labor market.

4 minutes

Some UK Workers Won’t Work Overtime: Blame Tax Insanity!

#Macroeconomy # UK

30 Jan 25

The United Kingdom's tax system, including high marginal tax rates, is preventing the economy from reaching its full potential.

6 minutes

Gen Z is Struggling to Find Footing in the Job Market

#Demographics # US

22 Jan 25

The labor market has proved resilient, but the Gen Z workers are struggling to find their place in today's jobs market.

4 minutes

Eastern Europe’s Growth Miracle, Delivered by the EU

#Labor Markets # Europe # Macroeconomy

16 Jan 25

After joining the European Union two decades ago, Eastern Europe's growth has become one of the greatest economic success stories of our time.

6 minutes

The Landing Was Soft. Will Policy Shake It Up?

#Labor Markets # Macroeconomy # US

10 Jan 25

The U.S. labor market added 256,000 net new jobs in December, but what will the new year and new administration bring for the labor market?

4 minutes

How this Grinchy Jobs Report Stole Christmas

#Labor Markets # UK

19 Dec 24

The latest United Kingdom jobs report was not as jolly as we would like.

4 minutes

Weak Consumers are Holding Back Europe’s Largest Economies

#Macroeconomy # Europe # Germany # UK

13 Dec 24

European consumers are saving more and spending less, impeding economic recovery across the continent. But real wage growth may be to blame.

7 minutes

A Decent (but Boring) Report to Round Out 2024

#Labor Markets # News # US

06 Dec 24

The U.S. economy added 227,000 net new jobs in November, confirming that October's weakness was a blip caused by external factors.

3 minutes

What Does the Trump Victory Mean for the UK Economy?

#News # Election Coverage # UK

27 Nov 24

Ironically, British deindustrialization, which has long been a deterrent to growth, may make the U.K. more competitive in a Trump-era Europe.

5 minutes

What Does the Trump Victory Mean for the German Economy?

#Labor Markets # Election Coverage # Germany

22 Nov 24

The election of Donald Trump will have profound impacts on European economies. We explore the potential impact on German labor markets.

6 minutes

Recruiters’ Reality is the Labor Market’s Prophecy

#Labor Markets # Recruiting # US

20 Nov 24

Hiring for recruiters has slowed in many industries. The highly cyclical profession tells a story of the broader labor market.

3 minutes

Trump’s Trio: How Immigration, Tariffs, and Taxes Shape the Economy

#US # Election Coverage # Macroeconomy

15 Nov 24

President-elect Donald Trump's policies on taxes, tariffs, and immigration will have impacts across the economy and on recruiters.

8 minutes

The UK Labor Market is Cooling, But Worker Churn Has Frozen

#Labor Markets # UK

13 Nov 24

The United Kingdom latest employment data will worry the BoE and the new government, especially the low level of worker churn.

5 minutes

The Good, the Bad, and the Ugly: Three Takeaways from the UK Autumn Budget

#UK # Macroeconomy

08 Nov 24

The Autumn Budget was one of the most important in decades, as the measures will materially change the U.K. macroeconomic outlook.

7 minutes

Recruitonomics Swing State Election Analysis: Pennsylvania

#Labor Markets # Election Coverage # US

04 Nov 24

As the election fast approaches, we look at the economic and demographic dynamics in Pennsylvania, a key swing state.

6 minutes

Storms and Strikes Shake Up October Jobs Report, but Weakening Continues

#Labor Markets # Macroeconomy # Manufacturing # US

01 Nov 24

October was the weakest month of employment growth in nearly four years, but there were factors beyond the economy that impacted gains.

4 minutes

Recruitonomics Swing State Election Analysis: Arizona

#US # Demographics # Election Coverage

25 Oct 24

The outcome of the U.S. election will be determined by swing states, including Arizona. We look at the economic outlook for this state.

6 minutes

Top Two Voter Priorities Intertwined: Immigration and the Economy

#Macroeconomy # Election Coverage # US

18 Oct 24

5 minutes

Is This September Report the October Surprise?

#Labor Markets # Macroeconomy # US

04 Oct 24

The September jobs report was surprisingly strong, as the U.S. economy added 254,000 net new jobs, far higher than forecasts.

4 minutes

Will Lower Borrowing Costs Rekindle U.S. Manufacturing Jobs?

#Labor Markets # Macroeconomy # Manufacturing # US

27 Sep 24

It's no secret that the United States manufacturing industry is facing a slowdown. Do the Fed's rate cuts set the sector up for a resurgence?

5 minutes

Germany’s Manufacturing Sector Imperiled by China Shock

#Labor Markets # Germany # Manufacturing

20 Sep 24

The German car manufacturing sector has weakened considerably recently. Many factors are at play, and the China shock is one of them.

7 minutes

White-Collar Gloom, Blue-Collar Bloom

#Labor Markets # Demographics # US

11 Sep 24

The hiring boom following the pandemic has stalled. The U.S. labor market is currently experiencing a white-collar recession.

8 minutes

August Jobs Report Leaves Fed with a Coin Flip

#Labor Markets # News # US

06 Sep 24

The August jobs report features modest employment gains and a decrease in unemployment, but it leaves the Fed in a tough position.

4 minutes

Data Revisions Subtract More Than 800,000 Jobs: What Now?

#Labor Markets # News # US

29 Aug 24

Recent data revisions point towards a weaker labor market, but data uncertainty is higher than before the pandemic.

6 minutes

Is the Skills Gap Getting Worse in the UK?

#Labor Markets # Recruiting # UK

23 Aug 24

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 Great Reallocation: Can Worker Churn Explain the Productivity Burst?

#Labor Markets # Europe # Recruiting # US

14 Aug 24

The U.S. labor market experienced a worker reallocation shock during the pandemic, possibly contributing to the productivity boost.

7 minutes

Will Texas be the New California?

#Labor Markets # Manufacturing # US # Warehousing

08 Aug 24

Texas’ economy is experiencing a massive economic boom. YIMBY housing policies, a large inflow of workers, and friendshoring are fueling the state’s high growth rates.

5 minutes

U.S. Labor Market Moves From Tight to Balanced

#Labor Markets # US

02 Aug 24

4 minutes

The Long Shadow of Deindustrialization

#Manufacturing # UK

26 Jul 24

Rapid deindustrialization in the U.K. led to massive employment losses in the manufacturing sector in the 80s and 90s. Those effects can still be felt today.

5 minutes

Latest Jobs Report Reframes the United Kingdom’s Outlook

#Labor Markets # UK

19 Jul 24

4 minutes

The Real Deal With Real Wages and Productivity

#Labor Markets # Demographics # US

12 Jul 24

It's a popular misconception that real wages have stagnated for decades. The data that backs this uses inappropriate inflation data.

4 minutes

The Labor Market is Slowing, and That’s (Mostly) Okay

#Labor Markets # US

09 Jul 24

June's employment numbers showed a cooler labor market, with gains of 206,000 and the unemployment rate slipping to 4.1%.

4 minutes

Climate Change Is Today’s Economic Problem, Not Tomorrow’s

#Labor Markets # Europe # Germany # UK

28 Jun 24

Climate change is no longer a distant threat. It is already negatively impacting European economies and labor markets.

5 minutes

Can Weight Loss Drugs Boost Economic Growth?

#Labor Markets # Demographics # Europe # Macroeconomy # US

21 Jun 24

Workers’ health has been deteriorating and economic costs are rising due to the obesity epidemic. Weight loss drugs can help reverse these negative trends.

5 minutes