All #World Stories

Organized labor has been the hottest trend lately, earning the name "hot labor summer." But this era of labor activity is far from over.

The story of the United Kingdom's economy lately has been one of disaster, but recent revisions may have changed the narrative.

Canada's labor market is cooling, but population growth in the country remains strong. Unemployed workers face a more difficult hiring landscape.

High frequency indicators allow economists to gauge economic performance in real-time and they are pointing at a German contraction.

The U.S. labor market is clearly cooling. In August, the economy added 187,000 net new jobs and the gains in June and July were revised down.

The dysfunctional housing market in the United Kingdom prevents workers from moving to highly productive cities, leading to underperformance.

After years of stagnation following the Eurozone crisis, Southern Europe has turned the tables and is now outperforming the rest of the Eurozone.

America’s history is rooted in an open immigration policy – and owes much of its economic success to it.

Advanced economies are experiencing very tight labor markets. This worker shortage has implications for hiring. Recruiters are increasingly poaching employees rather than recruiting from a shrinking pool of unemployed, which has implications for monetary policy.

The U.S. labor market added a moderate 187,000 net new jobs in July and the unemployment rate ticked down to 3.5%.

After a strong jobs report in June, the Canadian labor market lost 6,000 jobs in July, but underlying trends remain strong.

The German economy is once again underperforming, experiencing a technical recession earlier this year. But why is the country sick again?

Ireland was predicted to fall victim to American tech companies' slowdown earlier this year, but employment has held up strongly.

Germany was dubbed “the sick man of Europe” in the early 2000s. Labor market reforms paired with favorable macroeconomic conditions cured the economic malaise.

Japan's dismal demographic outlook has caused an interesting phenomenon: low unemployment paired with negative GDP growth. These "full employment recessions" are becoming more common in Europe.

American college students have shared which employers they want to work for. Discover the most popular employment destinations today!

The UK's National Health System is stretched dangerously thin, with waiting lines so long people's lives are at risk. The lack of health services is also hurting the labor market.

The U.S. labor market is slowing, gradually. In June, the US economy added 209,000 jobs and the unemployment rate ticked down to 3.6%.

The Canadian labor market came back roaring in June, adding an impressive 60,000 net new jobs.

The German economy has benefited from a surge in immigration, but a skill mismatch is emerging.

The global manufacturing industry is being hurt by a shift in consumer preferences, especially in Europe.

Canada’s liberal immigration policies are a success story. The country’s population recently reached 40 million, surpassing that of California.

A massive inflow of Ukrainian refugees has boosted Poland’s labor supply and is contributing to its economy outperforming the rest of Europe.

Despite Brexit, the U.K. will remain a popular immigration destination, but the housing market will be a constraint moving forward. 

The Federal Reserve's tightening cycle posed a threat to the manufacturing and construction sectors, but the industries have remained strong.

After ten consecutive increases, the Federal Reserve paused its rate hike cycle on Wednesday, easing recession fears.

The Canadian labor market is showing signs of trouble. In May, employment dropped, and Gen Z students are partially to blame.

Higher interest rates are about to send U.K. mortgage rates soaring, aggravating the current cost-of-living crisis and the housing market.

Maybe the U.S. job market’s hot streak isn’t slowing after all! The labor market defied expectations once again, adding 339,000 jobs in May.

Germany is officially in a recession. Though there are declines in several industries, weak government spending is the largest drain.

Political polarization is hurting the U.S. economy. The debt ceiling standoff is just the latest – and most dangerous – example.

The recession that was revised away: new economic projections from the BoE no longer show an upcoming downturn in the United Kingdom.

Around the world, tight labor markets, economic headwinds, and new technologies have rewritten the rules of finding the right talent. Where does the world of recruiting stand now?

How can a country with five million inhabitants distort the GDP of Europe, an economic area with more than 340 million people?

Employment growth in the food services and healthcare sectors has remained strong, which could help the labor market withstand a recession.

Recent cooling in the economy has contributed to softer price increases in the headline numbers, but inflation remains fairly stubborn.

The jobs market remains strong! In April, payroll employment rose by 253,000 and the unemployment rate fell to a half-century low of 3.4%.

Canada saw another strong month of gains in April but this time the increase was driven by part-time work.

Unlike other advanced economies, the U.K. is experiencing particularly sticky inflation and the real possibility of a wage-price spiral.

A tight labor market continues to deliver steady income growth, even in the face of entrenched inflation; that income growth is powering consumer spending, and that spending is holding up an otherwise lackluster economy.

Eurozone inflation remains too hot, but commodity prices and distorted supply chains are no longer the causes. It's excess demand.

Weekly initial unemployment claims rose slightly, but remain low and relatively flat. The labor market is cooling, but remains resilient.

Germany's once-strong economy is stagnating, partly due to a slowdown in industrial production, especially the decline in car production.

Inflation is cooling overall, but housing inflation remains stubbornly high. This neutral report underscores the pressure still on the Fed.

Since 2020, recruiting has been difficult. In 2023, recruitment pressures have eased, reducing cost-per-application and cost-per-click.

The U.S. added 236,000 jobs in March and the unemployment rate ticked down to 3.5%, signs of a strong but cooling labor market. This is what the Fed wants to see to justify the ending its cycle of rate hikes.

With low unemployment and a booming service industry, the Canadian labor market continues to show strength, despite recessionary fears. Overall, the Canadian labor market added 35,000 new jobs, a 0.2% increase from last month’s gains. 

The natural rate of unemployment is a key economic variable used by the Federal Reserve to assess the stance of monetary policy and economic growth, but it was overestimated for years.

Though a majority of economists expect a recession in 2023, some still believe in a soft landing scenario. Here's Recruitonomics' case for no recession.

A majority of economists believe a recession is likely in 2023, but they may not have enough faith in the Fed's inflation-fighting abilities.