Election Battleground: Arizona

Welcome back to the Recruitonomics Newsletter! This week, we’re continuing our election coverage by focusing on the economic situation of one of the several swing states that will determine the U.S. election: Arizona.?

Powered by Appcast , Recruitonomics.com is a hub for data-driven research that aims to make sense of our evolving world of work. Combining labor economics and recruitment best practices, Recruitonomics is constantly releasing new data and insights to bring clarity to the chaos of a changing economic landscape.

This Week on Recruitonomics:?

Swing State Election Analysis: Arizona

Thanks to the electoral college, the outcome of the U.S. presidential election will very likely be determined by a few key swing states, divided into two distinct groups based on their demographic and economic characteristics. In the Sunbelt, three rapidly growing states – Arizona, Georgia, and North Carolina – are more business-friendly and focused on construction and economic expansion (Nevada is potentially a fourth Sunbelt swing state). Residents have been unhappy with Bidenomics, which might by extension hurt Kamala Harris since voters will associate her with the previous administration. With their diverse, suburban, and significantly non-white populations, these states are now leaning more towards Donald Trump, who has championed deregulation and other pro-business sentiments. In this article, we are focused on the demographic, economic, and labor market situation of the state headed into the election, and how these factors have shaped voters’ opinions heading into November.?

Read the full article here .?

What does this mean for recruiters??

Arizona offers strong potential for recruitment, thanks to its lower cost-per-application and higher job seeker activity (apply rates). Recruiters in fast-growing sectors like construction and retail can leverage a larger talent pool, though they may encounter increased competition as the state’s labor market continues to expand. The state’s growing diversity, particularly with a higher share of non-white Hispanic workers, provides a valuable opportunity for recruiters to enhance diversity hiring efforts and tap into a broader candidate base.

Coming Up From Recruitonomics:?

The Appcast Brief: November 2024 Edition

Register today for next week’s Appcast Brief! On November 1st at 10 a.m. ET, Chief Economist Andrew Flowers and Economist Sam Kuhn will break down the October jobs report and highlight the current labor market situation headed into the election.?

Register here .?

Recruiting Tips:?

As your organization embarks on budgeting, workforce planning, and strategy development for 2025, it’s essential to address the critical factors that will position your company for success. To plan and progress for the future, you need to understand where you’re starting from. Crafting a 2025 strategy involves auditing and evaluating your strategy and tactics and then using those insights to define clear goals. This may sound straightforward, but these steps can become complex when put into practice. Read Four Steps to Recruitment Marketing Success in 2025 for a breakdown of how to create a successful strategy.??

Recently on Recruitonomics:

Top Two Voter Priorities Intertwined: Immigration and the Economy

Two of the top priorities for voters during this election cycle are immigration and, of course, the economy. The issue of immigration has broad bipartisan agreement: 96% of Trump supporters and 86% of Harris voters support increased border security. However, the two candidates have proposed starkly different immigration policies. Trump’s plan includes large-scale deportations, invoking the Alien Enemies Act of 1978. The scale of deportations has not been seen since the 1950s, when the Eisenhower administration conducted raids across the Southeast, resulting in the deportation of thousands of migrants. Harris, on the other hand, seems set on continuing President Biden’s current agenda, promoting “earned pathways to citizenship” while securing the border. Many voters may not realize how intertwined immigration and the economy, especially the labor market, actually are. In a recent article from Recruitonomics, economist Sam Kuhn reviews the two proposals and uses data to project how reduced immigration and large-scale deportation efforts could affect the economy and recruiting landscape in 2025.?

Read the full article here .

What Recruitonomics is Reading:

There’s a loneliness crisis in the United States and lonely workers are a huge part of that. In new research, the Harvard Business Review looks at the factors creating loneliness in the workplace—and suggests how to bring lonely workers into the fold. Loneliness can impede productivity, create discontent with a current employer, and is even associated with higher healthcare costs. Many have assumed that remote work is the primary cause of worker loneliness, but the findings actually do not show that being in-office makes a tangible difference for workers. Instead, the number of social opportunities that workers have is what matters: Happy hours, communal lunches, even making time for small talk in meetings. Bringing workers back into the office won’t necessarily make them less lonely. For the full findings, read We’re Still Lonely at Work from the Harvard Business Review.?

More Data & Insights:

? Is This September Report the October Surprise?

? Will Lower Borrowing Costs Rekindle U.S. Manufacturing Jobs?

?? Germany's Manufacturing Sector Imperiled by China Shock ?

Thank you for reading! Stay tuned for next week's Recruitonomics Newsletter and check out Recruitonomics.com for more data-driven insights.