Economic News, & Blog Updates

Addressing Your Labor Challenge in a Tight Market

Written by ITR Economics | Jun 14, 2022 2:09:34 PM

There are plenty of issues for businesses to worry about right now. Slowing economic growth, higher interest rates, supply chain challenges, and inflation at multi-decade highs are just a few. These pain points are more challenging for some businesses and less so for others. However, one pain point – the labor shortage – seems to be a nearly universal concern for business leaders across industries and regions.

At our June webinar, we will dive into this issue in depth, examining:

  • The scope of the problem
  • Root causes
  • Impact on companies’ bottom lines
  • Wage data and job openings by industry
  • Our forecasts for employment, wages, and the unemployment rate

Most importantly, however, we want you to understand that while labor market tightness is a formidable issue, there are plenty of actions you can take to minimize the pain. We will examine those in depth during the webinar. We want you to walk away with a clear understanding of how you can turn a pain point into a competitive advantage that will pay dividends in the coming years, because – spoiler alert – the labor shortage will be an enduring feature of the economic environment for some time.

Addressing Your Labor Challenge in a Tight Market

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