Which Industries Are Primed for Job Growth - and Job Losses?
In this episode of CEO Perspectives, Senior Economist Frank Steemers joined The Conference Board President and CEO Steve Odland to explore the state and trajectory of the US labor market. With a recession looming, they introduce our Job Loss Risk Index, a new resource that projects the likelihood of layoffs by industry. Tune in to find out: What is the current state of the labor market overall? Is hiring likely to continue in 2023 or should we brace for layoffs? How can looking at job losses by industry make sense of the dynamics of the impending recession? What factors go into predicting the scale of job losses in a particular industry? Which industries face the highest risk of layoffs in the months ahead? Which industries will be relatively insulated from job losses in this recession?