Hiring Trends with the Looming Recession



As the country looks at a potential recession, companies are laying off or implementing hiring freezes. This is especially seen in the tech industries.

https://www.bloomberg.com/news/articles/2022-06-25/us-layoffs-hiring-freezes-are-tip-of-labor-market-slowdown


Yet, there are many companies looking to hire. There is a lack of talent in other industries. With lower birth rates there are less people and with accelerated innovation there is a need for more specialized talent.

https://www.vox.com/recode/23203511/recession-job-market-hiring-layoffs-benefits


With the lack of talent and with the change in industries, upskilling is important. Now more than ever employees want to learn and grow.

https://www.forbes.com/sites/forbesbusinesscouncil/2022/07/15/could-the-great-resignation-become-the-reskilling-revolution/?sh=57a0218b4e39