In 2024, the employment rate in China decreased to around 62.4 percent, from 62.8 percent in the previous year. China is the world’s most populous country and its rapid economic development over the past decades has profited greatly from its large labor market. While the overall working conditions for the Chinese people are improving, the actual size of the working-age population in China has been shrinking steadily in recent years. This is mainly due to a low birth rate in the country. Economic slowdown – impact on labor market After decades of rapid development, the world’s second largest economy now seems to have difficulties to boost its economy further. The GDP growth rate indicated a declining trend over the last decade and the number of employed people decreased for the first time since decades in 2015. Under the influence of the global economic downturn, the coronavirus pandemic, and the US-China tensions, many Chinese enterprises are having tough times, which leads to a recession in China’s labor market. Chances for better employment situation The long-lasting Sino-U.S. trade war has caused China great loss on its international trade sector, which has been driving China’s economic growth for decades. However, there is also a lot China could improve. First, the potential of domestic demands could be further developed and satisfied with high-quality products. Second, it’s a good timing to eliminate backward industries with low value added, and the high-tech and environment-friendly industries should be further promoted. In addition, China’s market could be more open to services, especially in the financial sector and IT services, to attract more foreign investors. Highly skilled talents should be better valued in the labor market. Efficient vocational education and further education could also help change the structure of China’s labor market.
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The past five decades have seen a remarkable convergence in the economic roles of men and women in society. Yet, persistently large gender gaps in terms of labor supply, earnings, and representation in top jobs remain. Moreover, in countries like the U.S., convergence in labor market outcomes appears to have slowed in recent decades. In this article, we focus on the role of children and show that many potential explanations for the remaining gender disparities in labor market outcomes are related to the fact that children impose significantly larger penalties on the career trajectories of women relative to men. In the U.S., we document that more than two-thirds of the overall gender earnings gap can be accounted for by the differential impacts of children on women and men. We propose a simple model of household decision-making to motivate the link between children and gender gaps in the labor market, and to help rationalize how various factors potentially interact with parenthood to produce differential outcomes by gender. We discuss several forces that might make the road to gender equity even more challenging for modern cohorts of parents, and offer a critical discussion of public policies that seek to address the remaining gaps.
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Employment Rate in the United States remained unchanged at 59.70 percent in June. This dataset provides - United States Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic shows the distribution of the workforce across economic sectors in China from 2014 to 2024. In 2024, around 22.2 percent of the workforce were employed in the agricultural sector, 29 percent in the industrial sector and 48.8 percent in the service sector. In 2022, the share of agriculture had increased for the first time in more than two decades, which highlights the difficult situation of the labor market due to the pandemic and economic downturn at the end of the year. Distribution of the workforce in China In 2012, China became the largest exporting country worldwide with an export value of about two trillion U.S. dollars. China’s economic system is largely based on growth and export, with the manufacturing sector being a crucial contributor to the country’s export competitiveness. Economic development was accompanied by a steady rise of labor costs, as well as a significant slowdown in labor force growth. These changes present a serious threat to the era of China as the world’s factory. The share of workforce in agriculture also steadily decreased in China until 2021, while the agricultural gross production value displayed continuous growth, amounting to approximately 7.8 trillion yuan in 2021. Development of the service sector Since 2011, the largest share of China’s labor force has been employed in the service sector. However, compared with developed countries, such as Japan or the United States, where 73 and 79 percent of the work force were active in services in 2023 respectively, the proportion of people working in the tertiary sector in China has been relatively low. The Chinese government aims to continue economic reform by moving from an emphasis on investment to consumption, among other measures. This might lead to a stronger service economy. Meanwhile, the size of the urban middle class in China is growing steadily. A growing number of affluent middle class consumers could promote consumption and help China move towards a balanced economy.
The past five decades have seen a remarkable convergence in the economic roles of men and women in society. Yet, persistently large gender gaps in terms of labor supply, earnings, and representation in top jobs remain. Moreover, in countries like the U.S., convergence in labor market outcomes appears to have slowed in recent decades. In this article, we focus on the role of children and show that many potential explanations for the remaining gender disparities in labor market outcomes are related to the fact that children impose significantly larger penalties on the career trajectories of women relative to men. In the U.S., we document that more than two-thirds of the overall gender earnings gap can be accounted for by the differential impacts of children on women and men. We propose a simple model of household decision-making to motivate the link between children and gender gaps in the labor market, and to help rationalize how various factors potentially interact with parenthood to produce differential outcomes by gender. We discuss several forces that might make the road to gender equity even more challenging for modern cohorts of parents, and offer a critical discussion of public policies that seek to address the remaining gaps.
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Job Offers in the United States increased to 7769 Thousand in May from 7395 Thousand in April of 2025. This dataset provides the latest reported value for - United States Job Openings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Initial Jobless Claims in the United States decreased to 221 thousand in the week ending July 12 of 2025 from 228 thousand in the previous week. This dataset provides the latest reported value for - United States Initial Jobless Claims - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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We show that the opioid crisis slows transitions to employment from unemployment and non-participation. We identify the effect of the opioid crisis from cross-state variation in triplicate prescribing regulations, which produced long-lasting reductions in opioid use by reducing the initial distribution of the blockbuster opioid OxyContin. Difference-in-differences estimates show that triplicate regulations induce unemployed and non-participating workers in triplicate states to return to employment about 10 percent faster than workers in non-triplicate states. These estimates imply a 1.1 percentage point higher level of employment in steady state.
Israel's employment landscape in 2023 showcases education as the leading sector, employing over ******* people. This will figure will need to continue to grow in the future if the education system will meet with the country's projected growth in student enrollment, expected to double by 2060. Following education, the health and social work sector follows closely, employing just over ******* Israelis, reflecting the nation's expansive healthcare system and mandatory insurance policy. Labor force participation and unemployment trends Despite a challenging geopolitical condition, the local employment market continues to demonstrate resilience. In 2023, labor force participation reached approximately ** percent for men and ** percent for women aged 15 and older. Concurrently, the country experienced a decreasing rate of unemployment, reaching its lowest level in recent years. This positive trend extended to youth unemployment, which stood at just over *** percent in 2023. Technology sector hiring slows While education and healthcare dominate employment figures, Israel's important technology industry continues to grow, albeit at a slower pace. In 2023, the sector added about ****** workers, reaching nearly ******* employees. However, this represented a significant drop in new hiring compared to the previous year. Factors such as a slowing of global venture capital markets and a controversial government-led judicial reform impacted the industry's expansion.
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Business cycle recoveries have slowed in recent decades. This slowdown comes entirely from female employment: as women's employment rates converged towards men's over the course of the past half-century, the growth rate of female employment slowed. But does the slowdown in the growth of female employment rates translate into a slowdown for overall employment rates? The degree to which women "crowd out" men in the labor market is a sufficient statistic for this question. We estimate the extent of crowding out across states, and find that it is small. We then develop a general equilibrium model of the female convergence process featuring home production and show that our cross-sectional crowding out estimate provides a powerful diagnostic statistic for aggregate crowding out. Our model implies that 60-75% of the slowdown in recent business cycle recoveries can be explained by female convergence.
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Non Farm Payrolls in the United States increased by 147 thousand in June of 2025. This dataset provides the latest reported value for - United States Non Farm Payrolls - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
We study how the recent housing boom and bust affected college enrollment during the 2000s. We exploit cross-city variation in local housing booms, which improved labor market opportunities for young men and women. We find that the boom lowered college enrollment, with effects concentrated at two-year colleges. The decline in enrollment during the boom was generally reversed during the bust; however, attainment remains persistently low for particular cohorts, suggesting that reduced educational attainment is an enduring effect of the recent housing cycle. The housing boom can account for approximately 25 percent of the recent slowdown in college attainment.
There were over 34.1 million people employed in the United Kingdom in the three months to May 2025. In general, the number of people employed has consistently increased, with noticeable dips in employment occurring in 2008 due to the global financial crisis and in 2020 due to the COVID-19 pandemic. Labor market hot streak in 2022 Although there was a sharp increase in the UK's unemployment rate in the aftermath of COVID-19, the UK labor market bounced back forcefully after this sudden shock. By the middle of 2022, the UK's unemployment rate had recovered to pre-pandemic levels, while the number of job vacancies in the UK reached record highs. Wage growth was, by this point, growing at a much slower rate than inflation, which peaked at 11.1 percent in October 2022. In the two years since this peak, the UK labor market has cooled slightly, with unemployment reaching 4.4 percent by December 2024 and the number of job vacancies falling to the lowest figures since May 2021. Characteristics of UK workers As of 2024, the majority of UK workers were working in the private sector, at over 27.6 million workers. In the same year, the size of the UK's public sector workforce stood at approximately 6.1 million, with over two million of these people working for the UK's National Health Service (NHS) and a further 1.66 million in the public education sector. In the UK's private sector, the industry sector that employed the most people was wholesale and retail, which had a workforce of over 4.9 million people, followed by administrative and support service roles at around 3.1 million.
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The global part-time job platform market size was valued at approximately USD 24.6 billion in 2023, and it is projected to grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2032, reaching an estimated value of USD 47.5 billion by 2032. This growth is driven by a myriad of factors including the increasing flexibility demanded by the modern workforce, advancements in digital platforms, and evolving economic conditions that encourage part-time employment.
One of the primary growth factors for the part-time job platform market is the increasing preference for flexible work arrangements. Employees in todayÂ’s digital age are prioritizing work-life balance more than ever before. The growing gig economy, fueled by technological advancements, enables individuals to select part-time work opportunities that fit around their personal schedules. This trend is further amplified by the rise of remote work, which has been accelerated by the global COVID-19 pandemic. Companies have recognized the benefits of part-time remote work, including cost savings and access to a broader talent pool. Consequently, businesses are increasingly posting part-time remote job roles on these platforms, driving market growth.
Additionally, the surge in digital transformation across various sectors is propelling the growth of part-time job platforms. The proliferation of smartphones and high-speed internet has made it easier for job seekers and employers to connect through mobile applications and web-based platforms. Enhanced user experiences, coupled with advanced matching algorithms, are enabling more efficient and effective job placements. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) technologies in these platforms is improving the precision of job recommendations, thus enhancing user satisfaction and platform engagement.
Economic factors also play a significant role in the expansion of the part-time job platform market. As global economies face uncertainties, there is an increasing trend towards part-time employment as a way to mitigate financial risks. For individuals, part-time jobs provide a supplementary income source, while for employers, it offers a cost-effective solution to manage labor needs without the long-term commitments associated with full-time employment. This economic flexibility is particularly appealing in times of economic downturns or during periods of economic recovery, further driving the adoption of part-time job platforms.
Freelance Websites have become an integral part of the part-time job platform ecosystem, offering a plethora of opportunities for individuals seeking flexible work arrangements. These platforms cater to a diverse range of skills and industries, enabling freelancers to connect with clients from around the world. The rise of digital technology and the gig economy has propelled the popularity of freelance websites, as they provide a convenient and efficient way for freelancers to find work and for businesses to access a global talent pool. With features such as secure payment systems, project management tools, and client feedback mechanisms, freelance websites ensure a seamless experience for both freelancers and employers. As the demand for flexible work continues to grow, these platforms are expected to play a significant role in shaping the future of work.
Regionally, the market exhibits varied growth prospects, with North America and Europe leading the way due to their advanced technological infrastructure and high adoption rates of digital platforms. The Asia Pacific region, however, is anticipated to witness the highest growth rate during the forecast period. This is driven by the regionÂ’s large population base, increasing internet penetration, and the rising popularity of gig and freelance work among the younger demographic. In contrast, regions such as Latin America and the Middle East & Africa are also showing promising growth potential, albeit at a slower pace, due to improving economic conditions and increasing awareness about part-time job opportunities.
The job type segment within the part-time job platform market is bifurcated into remote and on-site job types. Remote jobs have surged in popularity over recent years, especially in the wake of the COVID-19 pandemic. The abil
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As countries around the world increasingly engage in international trade, labor markets respond, creating both winners and losers. In this paper, I analyze the impact of a trade shock on gender-specific local labor market outcomes in Brazil. I use an instrumental variable approach and population census data for Brazil to estimate the effect of both increased imports from China and increased exports to China on male and female local labor market outcomes from 2000 to 2010. Regions more exposed to imports from China experience slower wage growth in the traded and formal sectors, but the declines are significantly larger for men, particularly in sectors with low shares of female employment. Exports have a positive association with wage growth, but no relationship with employment growth. Import-induced wage declines are coupled with significant employment growth in the formal sector. The gains for women are nearly double those for men, increasing the share of female employment in the formal sector. Regions more exposed to Chinese imports also experience an increase in the female employment to population ratio and a decrease in male and female unemployment rates. Thus, trade with China induces new workers into the labor market, reduces unemployment, and reallocates labor to the formal sector. These employment gains are strongest for women, signaling reduced employment barriers for females. Further, as employment reallocates to the formal sector, occupation segregation declines, highlighting an additional avenue through which trade can have gendered labor market effects.
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Graph and download economic data for Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers (OPHNFB) from Q1 1947 to Q1 2025 about per hour, output, headline figure, sector, nonfarm, business, real, persons, and USA.
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Private businesses in the United States fired -33 thousand workers in June of 2025 compared to 29 thousand in May of 2025. This dataset provides the latest reported value for - United States ADP Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for All Employees, Total Private (USPRIV) from Jan 1939 to Jun 2025 about headline figure, establishment survey, private industries, private, employment, industry, and USA.
With the collapse of the U.S. housing market and the subsequent financial crisis on Wall Street in 2007 and 2008, economies across the globe began to enter into deep recessions. What had started out as a crisis centered on the United States quickly became global in nature, as it became apparent that not only had the economies of other advanced countries (grouped together as the G7) become intimately tied to the U.S. financial system, but that many of them had experienced housing and asset price bubbles similar to that in the U.S.. The United Kingdom had experienced a huge inflation of housing prices since the 1990s, while Eurozone members (such as Germany, France and Italy) had financial sectors which had become involved in reckless lending to economies on the periphery of the EU, such as Greece, Ireland and Portugal. Other countries, such as Japan, were hit heavily due their export-led growth models which suffered from the decline in international trade. Unemployment during the Great Recession As business and consumer confidence crashed, credit markets froze, and international trade contracted, the unemployment rate in the most advanced economies shot up. While four to five percent is generally considered to be a healthy unemployment rate, nearing full employment in the economy (when any remaining unemployment is not related to a lack of consumer demand), many of these countries experienced rates at least double that, with unemployment in the United States peaking at almost 10 percent in 2010. In large countries, unemployment rates of this level meant millions or tens of millions of people being out of work, which led to political pressures to stimulate economies and create jobs. By 2012, many of these countries were seeing declining unemployment rates, however, in France and Italy rates of joblessness continued to increase as the Euro crisis took hold. These countries suffered from having a monetary policy which was too tight for their economies (due to the ECB controlling interest rates) and fiscal policy which was constrained by EU debt rules. Left with the option of deregulating their labor markets and pursuing austerity policies, their unemployment rates remained over 10 percent well into the 2010s. Differences in labor markets The differences in unemployment rates at the peak of the crisis (2009-2010) reflect not only the differences in how economies were affected by the downturn, but also the differing labor market institutions and programs in the various countries. Countries with more 'liberalized' labor markets, such as the United States and United Kingdom experienced sharp jumps in their unemployment rate due to the ease at which employers can lay off workers in these countries. When the crisis subsided in these countries, however, their unemployment rates quickly began to drop below those of the other countries, due to their more dynamic labor markets which make it easier to hire workers when the economy is doing well. On the other hand, countries with more 'coordinated' labor market institutions, such as Germany and Japan, experiences lower rates of unemployment during the crisis, as programs such as short-time work, job sharing, and wage restraint agreements were used to keep workers in their jobs. While these countries are less likely to experience spikes in unemployment during crises, the highly regulated nature of their labor markets mean that they are slower to add jobs during periods of economic prosperity.
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Revenue in the Temporary Employment Agency industry is anticipated to drop at a compound annual rate of 4% in the five years through 2024 to €236.5 billion. The COVID-19 outbreak meant key employers of temporary workers in the hospitality and tourist sector shut their doors, and companies froze hiring due to economic uncertainty - a sizeable blow to revenue in the three years through 2022. Workers on temporary contracts represented a significant chuck of employment losses in all quarters of 2020. According to Eurostat data, temporary employment declined across Europe in the four years from 2017 to 2020, dipping from 13.8% to 11.9%. Since COVID-19 has slowed, companies have resumed hiring as confidence levels have been restored and vacancy levels have soared. An increasingly tight labour market encourages employers to rely on temporary employment placement agencies to fight in an increasingly competitive market. Several countries rank highly in terms of temporary workers with a large short-term job market. In 2022, the Netherlands and Spain have more than 15% of employed people under temporary contracts, according to Eurostat. Industry revenue is expected to shrink by 1.6% in 2024. Revenue is expected to grow at an annual rate of 4.5% in the five years through 2029 to €295.4 billion. With the labour market is likely to remain tight in many countries due to skill mismatches, employers will keep turning to placement agencies for their databases to track and identify the right candidates. Companies will lean on temporary hires as the economic outlook remains unclear and inflation keeps squeezing budgets. The automation of more routine jobs will be a threat to some long-standing temporary jobs. Across Europe, countries that traditionally rely on a strong network of short-term workers are implanting policies that may disrupt or expand services. Spain has already introduced reforms that are taking effect to increase permanent positions and remove temporary contracts, while Italy is expanding its voucher scheme to encourage temporary hires.
In 2024, the employment rate in China decreased to around 62.4 percent, from 62.8 percent in the previous year. China is the world’s most populous country and its rapid economic development over the past decades has profited greatly from its large labor market. While the overall working conditions for the Chinese people are improving, the actual size of the working-age population in China has been shrinking steadily in recent years. This is mainly due to a low birth rate in the country. Economic slowdown – impact on labor market After decades of rapid development, the world’s second largest economy now seems to have difficulties to boost its economy further. The GDP growth rate indicated a declining trend over the last decade and the number of employed people decreased for the first time since decades in 2015. Under the influence of the global economic downturn, the coronavirus pandemic, and the US-China tensions, many Chinese enterprises are having tough times, which leads to a recession in China’s labor market. Chances for better employment situation The long-lasting Sino-U.S. trade war has caused China great loss on its international trade sector, which has been driving China’s economic growth for decades. However, there is also a lot China could improve. First, the potential of domestic demands could be further developed and satisfied with high-quality products. Second, it’s a good timing to eliminate backward industries with low value added, and the high-tech and environment-friendly industries should be further promoted. In addition, China’s market could be more open to services, especially in the financial sector and IT services, to attract more foreign investors. Highly skilled talents should be better valued in the labor market. Efficient vocational education and further education could also help change the structure of China’s labor market.