Glassdoor, Indeed paint stark picture of hiring problems, labor shortage - Silicon Valley Business Journal

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Hiring problems, labor shortages could last for years. Businesses need to be ready.

isn't likely to disappear in 2023 — meaning employers shouldn't count on a sudden return to pre-Covid-19 workforce dynamics.2023 Hiring & Workplace Trends Report, a joint study by Glassdoor and Indeed

, which analyzed labor market trends and the future of work across multiple countries — and found the hiring and retention issues plaguing business owners over the last year will likely persist during and even after a recession. For how long? The study doesn't predict a specific timeframe, but shows that, unless a number of things change, it could be a while. That echoes what economists have previously told us about the"Covid deeply impacted the way we work.

Remote work is sticking: About 8.6% of job postings in the United States mention remote work, far above the 2.9% before the pandemic. Remote work also gives employers the ability to recruit from a far larger pool, letting them bypass local labor problems or hiring markets, the study said. And workers are still quite interested in remote work, with the number of searches for remote work in the United States at 9.8%, compared to just 1.7% before the pandemic.

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