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Recent Editions
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Human Times
North America
U.S. labor market loses momentum

The job market is stabilizing, but workers are losing their advantage. In 2026, the labor market has added an average of 87,000 jobs per month, which is an improvement from 2025 but significantly lower than 2024's figures. "We're a ways off from the days of 8m or more job openings," said Sneha Puri, economist at Indeed Hiring Lab. Job openings have decreased from 12.3m in March 2022 to 7.3m in July 2026. As firms focus on retaining employees, job seekers must be patient and strategic in their approach. Amy Glaser, senior vice president at Adecco, emphasized the importance of soft skills in the current market. The wage gap between job switchers and stayers has narrowed, indicating a shift in hiring dynamics. Industries like healthcare and manufacturing are currently hiring, while others remain volatile. For those employed, it's a time to celebrate, but job seekers should prepare for a more selective market.

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Human Times
UK
UK productivity shows signs of life

UK productivity may be entering its strongest period since the financial crisis, with revised measures showing output per job rising 1.4% in the year to June and alternative estimates pointing to faster gains since late 2024. Economists disagree over the cause, but some believe artificial intelligence is beginning to lift output, particularly in information and technology industries. John van Reenen of the London School of Economics called the improvement a "remarkable turnaround" that could represent "the first macroeconomic flowers of the AI boom". UK workers appear especially inclined to use AI to augment knowledge-based work rather than replace employees, although evidence from the US suggests productivity gains may also emerge through slower wage growth. Economists caution that forthcoming official measurements will be crucial in determining whether the recovery is sustained.

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Human Times
Europe
Jobs shape Sweden election debate

Employment and household finances emerged as key dividing lines ahead of Sweden’s general election. Social Democrat leader Magdalena Andersson argued that four years of rising unemployment and weaker purchasing power had made everyday life harder, while Prime Minister Ulf Kristersson stressed economic growth and tax incentives. Sweden Democrats leader Jimmie Akesson took a tougher stance on unemployed immigrants, saying those “who aren't employable on the Swedish labour market” should either find work or leave. The competing approaches highlight a broader election choice between stronger welfare support and a right-wing programme combining lower taxes, tighter immigration controls and tougher expectations around employment. Polls showed the left narrowly ahead, although the final result remained highly uncertain.

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Human Times
Middle East
Emiratisation focus shifts to retention

UAE employers are increasingly moving beyond Emiratisation hiring targets to focus on retaining and developing national talent. A Hays survey of 531 UAE employers found 42% planned to hire Emiratis this year and 55% already employed UAE nationals. Private-sector Emirati employment has risen sharply, exceeding 141,000 people across 28,000 companies by May 2025, alongside tighter compliance monitoring. Nicole Habchi, associate business manager for Emiratisation at Hays Middle East, said: “Retention should begin before the hiring process even starts.” Hays argues employers should define career progression, skills development, mentorship and leadership opportunities before recruitment. As competition grows, organisations offering clear long-term career paths, structured development programmes and regular career planning may be better positioned to retain Emirati professionals and build sustainable leadership pipelines.

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