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.

#US

What You’ll Find: Economic trends and conditions in the United States, how these affect the labor market, and main takeaways from important US data releases.

All #US 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
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 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 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
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
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
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
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
According to a new report, the United States continues to be a top destination for international talent seeking opportunities abroad.
4 minutes
The U.S. labor market had another impressive month, but is the enduring growth too strong for the Federal Reserve?
3 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
Despite the robust job market, recent college graduates face greater challenges in securing employment than the rest of the population.
4 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
The jobs market added a surprisingly strong 353,000 net new jobs in January, while the unemployment rate remained low at 3.7%.
4 minutes
Data revisions have subtracted more than 400,000 jobs throughout 2023, something that Fed policymakers should keep an eye on.
5 minutes
OECD countries have seen a surge in migration recently. In the future, expect permanently higher migration flows due to new factors at work.
5 minutes
Since the pandemic started, stability has been lacking in the labor market. The outlook for 2024 looks much more normal.
4 minutes
The American jobs market once again saw impressive gains in November, as shown in a jobs report that supported the soft landing narrative.
3 minutes
Recent developments have contributed to impressive labor force outcomes for disabled workers, but are they permanent or transient solutions?
4 minutes
Employees desire meaningful work, but not every worker finds purpose within their professions. What can employers do to help curate purpose?
5 minutes
Rapidly rising interest rates didn't create the big economic downturn that many forecasters predicted. How did the economy avoid a recession?
4 minutes
Many assume young workers are driving the push towards remote work, but age alone does not determine whether one is working onsite or not.
4 minutes
The strikes in the auto industry impacted job growth this month, as the labor market added 150,000 jobs and the unemployment rate ticked up to 3.9%.
3 minutes
A century ago, John Maynard Keynes envisioned a future world where a 15-hour work week was the norm. Was he really so far off the mark?
4 minutes
U.S. GDP growth was a startlingly strong 4.9% in Q3, driven by consumer spending. This level of growth is very far from recession territory.
4 minutes
Recently Federal Reserve data reveals that Americans are wealthier than ever. Net worth, adjusted for inflation, surged during the pandemic.
4 minutes
The U.S. economy added 336,000 net new jobs in September, proving that the labor market remains strong despite recession fears.
3 minutes
Time has run out on the pandemic-era child care funding program. That presents a challenge to working parents and child care providers across the country.
3 minutes
Corporate greed has been wrongly blamed for this bout of inflation. Greedflation isn't the problem. Excess growth and labor shortages are.
5 minutes
Is this the moment of resurgence for cities and states in the Rust Belt that suffered in recent decades due to the "China Shock"?
4 minutes
Inflation has subsided, while the economy has been surprisingly strong. A soft landing looks likely, but there are still some risks.
5 minutes
Organized labor has been the hottest trend lately, earning the name "hot labor summer." But this era of labor activity is far from over.
4 minutes
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.
3 minutes
America’s history is rooted in an open immigration policy – and owes much of its economic success to it.
4 minutes
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.
8 minutes

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