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

News

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

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

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
The U.S. labor market added a moderate 187,000 net new jobs in July and the unemployment rate ticked down to 3.5%.
4 minutes
American college students have shared which employers they want to work for. Discover the most popular employment destinations today!
3 minutes
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%.
4 minutes
The global manufacturing industry is being hurt by a shift in consumer preferences, especially in Europe.
5 minutes
The Federal Reserve's tightening cycle posed a threat to the manufacturing and construction sectors, but the industries have remained strong.
3 minutes
After ten consecutive increases, the Federal Reserve paused its rate hike cycle on Wednesday, easing recession fears.
3 minutes
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.
4 minutes
Political polarization is hurting the U.S. economy. The debt ceiling standoff is just the latest – and most dangerous – example.
4 minutes
Employment growth in the food services and healthcare sectors has remained strong, which could help the labor market withstand a recession.
3 minutes
Recent cooling in the economy has contributed to softer price increases in the headline numbers, but inflation remains fairly stubborn.
2 minutes
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%.
4 minutes
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.
4 minutes
Weekly initial unemployment claims rose slightly, but remain low and relatively flat. The labor market is cooling, but remains resilient.
2 minutes
Inflation is cooling overall, but housing inflation remains stubbornly high. This neutral report underscores the pressure still on the Fed.
3 minutes
Since 2020, recruiting has been difficult. In 2023, recruitment pressures have eased, reducing cost-per-application and cost-per-click.
4 minutes
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.
3 minutes
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.
4 minutes
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.
4 minutes
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.
5 minutes
As the Fed tried to balance inflationary and financial pressures, its latest hike appeared almost dovish compared to past decisions.
3 minutes
Though union membership rates decreased last year, labor actions notably increased. What empowered workers in 2022?
2 minutes
The post-pandemic labor market has been extremely tight with many vacancies left unfilled.
5 minutes
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.
4 minutes
In 2022, the labor market was unpredictable. The labor market rebalance in 2023 will see a return to center for "out of whack" industries.
4 minutes
The Personal Consumption Expenditures price index came in hotter than expected in January, suggesting inflation will be hard to shake in 2023.
3 minutes
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%.
3 minutes
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.
2 minutes
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.
3 minutes
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.
4 minutes
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.
3 minutes
Wage growth slowed in the fourth quarter of 2022, encouraging news for Federal Reserve officials worried about too strong growth.
2 minutes
Inflation may be turning a corner but there are still some threats that could run it off the road, some of which are still unknown.
3 minutes
In the past two years, wage growth has been dramatic for low-wage workers, reducing inequality. Can this trend continue into 2023? 
2 minutes
Today's inflation will determine tomorrow's labor market. What does the latest CPI report mean for 2023's economy?
4 minutes
Demand in the manufacturing sector has withstood the Federal Reserve's combative monetary policy. Because of consumer spending and new investments, employment growth in the sector has been better than ever.
3 minutes
The U.S. job market ended 2022 with better-than-expected job growth, a 50-year low in the unemployment rate, and encouraging wage growth trends for the Fed’s fight against inflation
4 minutes
For recruiters, 2022 has been a confusing years. What economic trends contributed to the difficult recruitment landscape this year?
5 minutes
This year, inflation may be a hot topic around the holiday table. Here’s what you need to know to engage meaningfully in these discussions.
4 minutes
Retail sales fell by 0.6% in November, suggesting the season of giving is turning into the season of cutting back.
2 minutes
The pace of price increases slowed in November, but Federal Reserve officials remain on edge, delivering pessimistic projections.
4 minutes
Big tech companies have announced historic layoffs in the past month, but recent data proves that they are not the whole industry.
2 minutes
The U.S. job market may be too strong, despite headlines of tech layoffs and fears of recession. Employment gains exceeded expectations in November, while wage growth was super strong.
3 minutes
Job openings fell in October, continuing to suggest cooling in the labor market. However, both openings and quits remain historically elevated.
3 minutes
Warehousing suffered in October, reflecting the shifting preferences of consumers towards services and away from goods. The sector lost 20,000 jobs, its worst month since April 2020.
2 minutes
Recently, major tech companies have engaged in devastating layoffs. But, the tech sector is still adding jobs and jobless claims remain low.
2 minutes
Pay transparency laws are sweeping the nation and changing the world of recruiting. How do these shifting norms impacts recruiters?
4 minutes
Inflation, even the less volatile core measure, cooled in October, which is encouraging news for both the Federal Reserve and consumers.
3 minutes
The elevated quits rate in retail allows employers to naturally decrease the size of their workforces just by cutting back on hiring.
2 minutes

Sign up to receive the latest updates!