Burnout, industry shifts and a likely recession: 3 hot takes from Philly business leaders

For better and worse, 2023 will likely look much different for Greater Philadelphia’s businesses, workers, and economy from the year before.

The pandemic caused some people to retire early and caused the workforce to shrink because of illness and death, he said. At the same time, immigration slowed, and millions fewer workers entered the country, he noted.A number of companies in the region are swamped with hiring work they can’t handle in-house, said Marcia Zaruba-O’Connor, president and CEO of the O’Connor Group, an HR and recruiting firm.

That’s a good thing, he said, because eds and meds aren’t recession-proof anymore: Enrollment is trending down at colleges and universities, and health care is becoming less regionally tied because of telemedicine and other tech advances. Another area where employers are hungry for talent is in tech. That’s not just mainstay tech giants and burgeoning start-ups.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Chamber of Commerce chief: Business is 'fed up' with WashingtonThe organization's president plans to say in a speech that business 'demands better from our government.' Love it or leave it! Than perhaps Americans should start voting for more competent members than the Boeberts, MTG, Gaetz of the world....The DNA genome is devolving of the GOP. And Americans are fed up with greedy, price gouging, CEO tyrannical corporations. Today Exxon Corp provided exhibit number 1 of corporate greed and disregard for American citizens. Screw the Chamber of Commerce, we should nationalize all major corporations. 🤨🤨🤨
Source: axios - 🏆 302. / 63 Read more »