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December 5, 2025
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Tag: World

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...
Recruitonomics

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...
Recruitonomics

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...
Recruitonomics

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...
Recruitonomics

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...
Recruitonomics

Canada’s Labor Market Is In Recession; Is The Economy Next?

A recessionary labor market  There is no doubt that the Canadian labor market is in a downturn as employment...
Recruitonomics

Minimum Wage Missteps: First UK, Now Germany?

The British national living wage: An overly ambitious policy?  Great Britain has been running one of the most ambitious...
Recruitonomics

The UK Labor Market Data is a Hot Mess 

How reliable is the British labor market data?  Unfortunately, the answer to that question is “not very”!   Let’s start...
Recruitonomics

Squeezed From Two Sides: Italy’s Labor Market Under Pressure 

Italy’s economy has weathered the pandemic better than many expected. GDP growth has been slightly better than the Eurozone...
Recruitonomics

The Global Graduate Recession 

Following the post-pandemic labor market boom, advanced economies are now experiencing a synchronized economic downturn, one that is hitting...
Recruitonomics
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