White Paper
Trends & Transformations: A Five-Year Labor Market Analysis
The COVID-19 pandemic was a global crisis that drastically affected all walks of life and impacted society more than any other phenomenon in decades. Over a three-year period, economies across the globe would navigate rising inflation fueled by government rescue spending. This led to an increase in demand for workers that further placed upward pressure on wages and, eventually, increased the price of goods and services. Moreover, markets remained volatile due to ongoing geopolitical conflict, supply chain disruption, soaring gas and energy prices, and historic monetary policy increases.
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Trends & Transformations: A Five-Year Labor Market Analysis