The global economy is stuttering and some of the world’s biggest names are already laying off thousands of employees. But there is a glimmer of good news: This time, workers have a better chance than usual of keeping their jobs if a recession hits.
Almost three years after Covid-19 hit, companies around the world are still complaining that they can’t get the talent they need. They worry about labor shortages that are likely to last not only beyond the pandemic but also into the next recession. Deeper forces, such as population changes and immigration, are reducing the pool of workers from which to hire.
