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August 7, 2022
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Category: Recruitonomics

Recruitonomics: A primer for data-driven talent acquisition

A Perfect 10 Jobs Report

The July jobs report obliterated expectations: 528,000 net new jobs, when forecasters had expected 225,000. The U.S. has now...
Recruitonomics

Does Colorado’s Pay Transparency Law Help Recruiters?

Pay is the most important factor when searching for a job, according to a recent poll by Talent.com. And,...
Recruitonomics

Can The US Be In A Recession With Such Strong Job Growth? 

Over 2.7 million people were hired in the first half of 2022 – a shockingly good number. Yet there seems...
Recruitonomics

How Will Higher Interest Rates Impact the Labor Market?

The Fed’s ongoing fight against inflation will continue on July 27; they have signaled another large jump in their...
Recruitonomics

Recruitonomics 101: The Fundamentals of Recessions

Recessions are a painful, yet natural, part of economic reality. A recession is notoriously hard to define, but the...
Recruitonomics

Parents are Suffering from Weak Recovery in Child Care Jobs

The labor market is strong – employment is low, and many sectors have completely recovered the losses from COVID-19....
Recruitonomics

Unemployment Claims Rising, But From Historic Lows

Fears of a recession have been spreading across the economy but June’s job report proves the labor market has...
Recruitonomics

Inflation Sky-High at 9.1% in June

The consumer price index hit another 40-year high in June, up 1.3% from May and 9.1% from the year...
Recruitonomics

No Sign of a Recession in June Jobs Report

The Fed is happy to see strong payroll gains and moderating wage growth in the June jobs report. Payroll...
Recruitonomics

Job Openings Fell in May. Has Depressurization Begun?

The number of job openings in May was 11.3 million, down slightly from April’s number of 11.4 million. Though...
Recruitonomics

Consumer Spending Shift Continues

Consumers continued to spend in May, with an increase of 2.1% from one year ago. The shift from goods...
Recruitonomics

Are We Too Confident in Consumer Confidence? 

Inflation is on everyone’s mind, and the mood is souring. The University of Michigan’s Survey of Consumers for June...
Recruitonomics

Party Like It’s 1998

The bottom 25% of earners are gaining wages at the highest rate since 1998. Nominal wages have been rising...
Recruitonomics

Visualizing The Current Job Landscape

The current labor market is often described as “tight,” and it may be hard to visualize what that really...
Recruitonomics

The Fed Announces 0.75 Percentage Point Rise in Interest Rates

The Fed has just confirmed a 75 basis point (0.75%) rise in interest rates – the highest increase since...
Recruitonomics

Fun Summer Plans? Get in Line

Summer is upon us. School’s out, vacations are beginning, and people are ready to hit their favorite seasonal locales....
Recruitonomics

Is Wage Growth Driving Inflation Higher?

Inflation was red hot in May. The consumer price index (CPI) rose by 1% in that month alone, and...
Recruitonomics

Jobs Recovery Is In The Home Stretch

The U.S. economy added a solid 390,000 net new jobs in May 2022. The unemployment rate remained unchanged at...
Recruitonomics

Demand For Workers Remained Strong In April

Employers are still desperate for workers. Layoffs are rare, despite anecdotes to the contrary. Quitting remained elevated, but the...
Recruitonomics

The Challenge of Measuring Economic Activity

Determining how the economy is performing is surprisingly difficult. COVID-19 made economists’ jobs even harder, requiring them to develop...
Recruitonomics
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