All #World Stories

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.

The difference between the central bank and the OBR reflects diverging assumptions about employment, worker productivity, and business investment.

Financial volatility has returned to the Eurozone, but the central bank continued to hike interest rates to fight inflation. Germany's economy is at risk.

As the Fed tried to balance inflationary and financial pressures, its latest hike appeared almost dovish compared to past decisions.

Though union membership rates decreased last year, labor actions notably increased. What empowered workers in 2022?

The post-pandemic labor market has been extremely tight with many vacancies left unfilled.

Silicon Valley Bank’s failure from a lightning-quick bank run on March 10, the second largest in US history, has spooked financial markets.

In February, the U.S. economy added 311,000 jobs, exceeding market expectations. Job gains and the labor market overall remain very strong.

The Canadian economy added 22,000 jobs last month. Though subdued compared to January, this data shows continued labor market strength.

In 2022, the labor market was unpredictable. The labor market rebalance in 2023 will see a return to center for "out of whack" industries.

In the UK, consumer confidence and business sentiment are gradually increasing, as the economy continues to evade a massive downturn.

The Personal Consumption Expenditures price index came in hotter than expected in January, suggesting inflation will be hard to shake in 2023.

Economic growth in the United Kingdom depends on the strength of the labor force. But Brexit, demographic declines, and long-term health issues threaten that strength.

At the onset of the pandemic, females in the workforce suffered. From February to April 2020, prime-age labor force participation among women plummeted 3.5 percentage points, from 77% to 73.5%.

Tuesday's report was a reminder of two key things: inflation is not a single number, and never decide too much from a month’s worth of data.

While soft and hard data are disconnected in other countries, the United Kingdom is doing just as poorly as workers and businesses believe.

There is a confounding disconnect between soft and hard data in the US. Gloomy consumers and businesses created a "vibecession" last year, even though the hard data was strong.

Many forecasters have been predicting a large economic contraction for Germany in 2023 due to the spike in energy prices, but the economy has been surprisingly resilient until now.

The same tight labor market that has plagued recruiters in the past couple years has brought job seekers back into the fold, softening recruiting costs.

The U.S. economy added an astonishing 517,000 net new jobs in January; last month's jobs report was almost too good to be true.