To find out where the labor market was heading this year, Engage2Excel’s president of recruitment solutions decided to ask ChatGPT what Artificial Intelligence (AI) thinks and here’s what it provided, which Darren thought was the understatement of the year:
Darren Findley, President of Engage2Excel Recruitment Solutions, has a unique perspective on today’s job market based on three decades of recruiting experience across all major industry sectors. He shared the following key statistics* in our last Trendicators Report, along with insights on trends and how to optimize recruiting for 2023:
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The past year has indeed been challenging with rising inflation, wage growth, talent shortages, global instability and supply chain disruption. While all these concerns are expected to continue this year, our Trendicators Research & Insights advisory board members are optimistic that 2023 will be a year of recovery. In fact, we asked them to characterize 2022 and describe their outlook for 2023. Some words shared for last year were, “Chaos, Crazy and even Exhausting,” while their sentiment for this year had a more positive outlook “Realign, Stabilize X2 and Outperform.”All signs that calm could be on the horizon.
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Faced with continued low unemployment, wage growth and unprecedented talent acquisition and retention challenges, HR leaders will be forced to do more with less in 2023. Our latest eBook, Overcoming Talent Challenges on the Road Ahead, provides expert advice on how to optimize recruiting, preboarding, onboarding, employee engagement and employee recognition programs.
