UK: June 2026 – BoE Keeps Rates Steady Following a Decent Jobs Report
There is no doubt that the U.K. economy and labor market are not in a good spot. However, this...
Category: Recruitonomics
Wage Pain: Workers Are Losing to Inflation, Again
Photo credit: Markus Winkler The inflationary surge following the pandemic was extremely painful for workers. Wages failed to keep...
Why the Low-Churn Housing Market Is Bad for Workers
Photo credit: Marcus Lenk If you have followed our content on Recruitonomics for a while, you have probably heard...
The Job Market Has Turned a Corner
Photo credit: Diane Picchiottino In the second half of 2025 — in the shadow of tariffs, D.O.G.E. and other...
Recruitonomics Roundup — May 2026
Here are all the pieces that we published in May. Keep reading for data releases coming up this month...
The Collar-Flip: AI’s Unexpected Winners and Losers
Photo credit: Anthony Fomin In our last piece, we modeled the economic implications of a large AI boom. Unsurprisingly,...
What Do Economic Models Say About AI Labor Displacement?
Photo Credit: Stefan Cosma Armageddon or abundance? In recent years, there has been a major debate about how AI...
UK May 2026: Job Losses Accelerate While Pay Gains Erode
The U.K.’s standing as one of the fastest-growing OECD countries in the first quarter is already old news by...
UK April 2026: Employers cut jobs as the Hormuz disruption bites
I went into this year cautiously optimistic because the U.K. labor market was seemingly turning a corner. Sentiment data...
UK Labour Budget, Part 2: The Good, The Bad, and The Ugly
More than a year ago, I wrote about “The good, the bad, and the ugly” in Labour’s first Budget....
Why Labour’s Employment Rights Bill Is Bad News For Workers
My previous pieces (here and here) discussed the topic of “Eurosclerosis” — how static European labor markets cause economic stagnation. While unemployment has fallen, European labor markets aren’t dynamic. Many workers stay with the same employer...
Whew, The Pre-Shutdown Job Market Wasn’t A Disaster
So that’s a relief! Today we got old news — the September jobs report, a much-delayed release of data from the BLS following...
Eurosclerosis Part 2: Europe’s Enduring Labor Market Malaise
My last piece discussed the various structural problems that caused “Eurosclerosis” — the persistent stagnation of European labor markets. Powerful unions and collective bargaining; strict employment...
A Fog Warning For The Job Market
“What do you do if you’re driving in the fog?” Fed Chair Jay Powell asked rhetorically last week. “You slow down.” The...
The UK’s Inflation Mess: No Way Out?
More than two years ago, I warned about the possibility of wage-price spiral in the U.K. My assessment back...
Retail Seasonal Hiring Update: A Cooler Winter for Recruiters
Checking in on the consumer 2025’s seasonal hiring rush will look different from recent years. Over the past five...
Chicken and Egg: The Global Food-Wage Spiral
The decade before the pandemic was marked by low inflation, low interest rates, and weak wage growth. Following the...
Flying Blind: Navigating Data Gaps During A Shutdown
The U.S. government is entering its third day of shutdown on Friday, October 3, which was when the September...
Recruiters: Prepare For Mild Labor Market Stagflation
The labor market is entering a period of mild “stagflation” — a term popularized in the 1970s that describes...
It’s Time to Bring London to the Workforce
The British growth malaise One of the bigger puzzles in macroeconomics is the productivity stagnation that has taken a...