Recruiters’ Reality is the Labor Market’s Prophecy

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

News

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

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.

#World

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

All #World Stories

Hiring for recruiters has slowed in many industries. The highly cyclical profession tells a story of the broader labor market.
3 minutes
President-elect Donald Trump's policies on taxes, tariffs, and immigration will have impacts across the economy and on recruiters.
8 minutes
The United Kingdom latest employment data will worry the BoE and the new government, especially the low level of worker churn.
5 minutes
The Autumn Budget was one of the most important in decades, as the measures will materially change the U.K. macroeconomic outlook.
7 minutes
As the election fast approaches, we look at the economic and demographic dynamics in Pennsylvania, a key swing state.
6 minutes
October was the weakest month of employment growth in nearly four years, but there were factors beyond the economy that impacted gains.
4 minutes
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
The September jobs report was surprisingly strong, as the U.S. economy added 254,000 net new jobs, far higher than forecasts.
4 minutes
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
The German car manufacturing sector has weakened considerably recently. Many factors are at play, and the China shock is one of them.
7 minutes
The hiring boom following the pandemic has stalled. The U.S. labor market is currently experiencing a white-collar recession.
8 minutes
The August jobs report features modest employment gains and a decrease in unemployment, but it leaves the Fed in a tough position.
4 minutes
Recent data revisions point towards a weaker labor market, but data uncertainty is higher than before the pandemic.
6 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
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
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
It's a popular misconception that real wages have stagnated for decades. The data that backs this uses inappropriate inflation data.
4 minutes
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 no longer a distant threat. It is already negatively impacting European economies and labor markets.
5 minutes
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
Two surveys offer the primary insights into the labor market, but recently, the job numbers they offer have been diverging.
5 minutes
The U.S. economy added 272,000 new jobs in May, far above market expectations of 150,000. This labor market continues to be resilient.
3 minutes
High interest rates in the Europe have stifled economic growth. High German wage growth is a risk, but the ECB should continue to ease policy.
5 minutes
After four years of schooling marred by COVID-19, this year’s graduates are entering the workforce. What defines Gen Z’s first labor market?
5 minutes
Income inequality in the U.K. has fallen. Wage stagnation at the top combined with large increases in the minimum wage can help explain why.
6 minutes
The Canadian labor market had a surprisingly strong April, but is it a sign of a lasting trend or simply a blip?
4 minutes
The United States labor market has been impressively strong for some time, but is this the best labor market ever? Not quite.
4 minutes
The labor market started the year off with a bang, but in April, the jobs report showed more humble gains and industry surprises.
3 minutes
Spain’s decade-long depression finally seems to be over. The country is enjoying a labor market recovery and a tourism boom.
5 minutes
According to a new report, the United States continues to be a top destination for international talent seeking opportunities abroad.
4 minutes
The U.K. has experienced a surge in immigration lately, so we gathered seven facts about the current state of immigration.
4 minutes
In the U.K., both wages and inflation came in hotter than expected. Meanwhile, the unemployment rate edged up and payroll jobs saw a steep decline, indicating a rapidly weakening labor market.
4 minutes
The French economy has been outperforming thanks to fashionable exports, favorable demographics, and an attractive investment environment.
6 minutes
In a shift from the recent trend of a steadying labor market, Canada's job market experienced a setback in March, shedding 2,220 positions.
4 minutes
The U.S. labor market had another impressive month, but is the enduring growth too strong for the Federal Reserve?
3 minutes
Advanced economies are facing shrinking workforces. But the recent immigration surge is now throwing off some older population forecasts.
5 minutes
The U.K.’s economic downturn is currently affecting “sitting-down jobs” much more than “standing-up jobs”. The U.K. labor market is experiencing a white-collar recession.
5 minutes
The amount of sick leave in Germany can partially explain why Germany’s economy tipped into recession last year.
5 minutes
Canada's labor market rebounded in February, making impressive gains of 40,700 net new jobs in a high interest rate environment.
5 minutes
The U.S. labor market continues to defy gravity: with 275,000 net new jobs in February (beating expectations once again) job growth doesn’t appear to be “landing” at all.
3 minutes
After decades of stalling wage gains for the lowest earners, the U.S. is experiencing a dramatic wage compression.
5 minutes
Couples in different advanced economies face different opportunity costs when it comes to children, creating different pockets of DINKs across the globe.
4 minutes
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.
4 minutes
Despite the robust job market, recent college graduates face greater challenges in securing employment than the rest of the population.
4 minutes
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.
5 minutes
Pinpointing a national downturn is difficult enough, but knowing whether a state is in a recession or not is even more tricky.
5 minutes

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