• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Maximize Flexible Space Revenue
Home News Workforce

Unemployment Expected To Slightly Grow, But The Job Market Remains Hot

An informal survey from Forbes Advisor shows that 63% of CEOs believe that unemployment will slightly grow in the last quarter of the year.

Aayat AlibyAayat Ali
September 20, 2022
in Workforce
Reading Time: 2 mins read
A A
Unemployment Expected To Slightly Grow, But The Job Market Remains Hot

More stories for you

Work-related pessimism brings cascading problems. Getty Images. Fortune via Reuters Connect

Toxic Triple Threat Of Pessimism, Uncertainty, And Disconnect Is Crushing The Workforce

9 hours ago
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

9 hours ago
3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

23 hours ago
Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

24 hours ago

Despite rising inflation, unemployment rates have remained relatively stagnant as labor demand continues to climb. 

Despite unemployment reaching record-low levels in August, an informal survey from Forbes Advisor shows that 63% of CEOs still believe that unemployment will slightly grow in the last quarter of the year. 

Advertisements
Disaster Avoidance Experts

“Inflation is hitting businesses due to higher input costs, energy costs, raw materials and supply chain barriers, which are adding burden on organizations,” said Indu Tyagi, chief strategy officer at Market Research Future. “According to our predictions, unemployment may rise to 3.8% in the fourth quarter.”   

Still, the labor market remains incredibly tight, meaning any incremental growth in unemployment will do little to impact the overall workforce.  

Advertisements
Nexudus - Tech Stack Lovers

Now more than ever, companies are holding onto their top talent, particularly as the Great Resignation shows little sign of letting up.

On one hand, major companies like Goldman Sachs have made their intentions of layoffs clear, while service industry companies can’t seem to keep up with consumer demand.  

In essence, today’s economic environment is impacting white-collar workers, while the pandemic mostly impacted blue-collar workers. 

“There are two jobs for every person looking for work right now, and I don’t see that changing abruptly unless something wholly unpredictable happens,” said Anthony Reynolds, CEO of HireVue.   

Because of the wide availability of jobs, workers continue to have the upper hand when it comes to their workplace preferences. As a result, leaders are having to move forward with adopting new strategies, policies and technology that attract and retain workers. 

Advertisements
Yardi Kube automates flex and coworking operations
Source: Forbes
Tags: BusinessWorkforce
Share6Tweet4Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

Work-related pessimism brings cascading problems. Getty Images. Fortune via Reuters Connect
News

Toxic Triple Threat Of Pessimism, Uncertainty, And Disconnect Is Crushing The Workforce

byFeatured Insights
9 hours ago

Sometimes it feels like the world is on fire—even, if not especially, at work, according to a new report which...

Read more
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

9 hours ago
3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

23 hours ago
Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

24 hours ago
Advertisements
Maximize Flexible Space Revenue
Advertisements
Disaster Avoidance Experts

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00