Slowing Economic Growth is Leading to Slower Job Growth
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C-SUITE PERSPECTIVES

Slowing Economic Growth is Leading to Slower Job Growth

01 MAY 2023

Like other key economies around the world, the US now appears on the verge of entering recession, yet unemployment remains near historic lows.

Like other key economies around the world, the US now appears on the verge of entering recession, yet unemployment remains near historic lows. Will a major spike in job losses dominate the second half of 2023? Or will the real story remain labor shortages?

In this episode, Senior Economist Selcuk Eren joined The Conference Board President and CEO Steve Odland to explore the global labor market outlook for 2023—and beyond. Tune in to find out:

  • What’s the big picture for labor markets, employment, and wages in 2023?
  • How will slower or negative growth—sparked by monetary policy tightening to cool inflation—impact employment in the year ahead?
  • What’s the impact of these trends on productivity growth?
  • What’s the state of labor shortages across various economies?
  • Are labor shortages primarily a short-term or long-term challenge—and what are the most promising short-term and long-term solutions?
 Slowing Economic Growth is Leading to Slower Job Growth

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Like other key economies around the world, the US now appears on the verge of entering recession, yet unemployment remains near historic lows. Will a major spike in job losses dominate the second half of 2023? Or will the real story remain labor shortages?

In this episode, Senior Economist Selcuk Eren joined The Conference Board President and CEO Steve Odland to explore the global labor market outlook for 2023—and beyond. Tune in to find out:

  • What’s the big picture for labor markets, employment, and wages in 2023?
  • How will slower or negative growth—sparked by monetary policy tightening to cool inflation—impact employment in the year ahead?
  • What’s the impact of these trends on productivity growth?
  • What’s the state of labor shortages across various economies?
  • Are labor shortages primarily a short-term or long-term challenge—and what are the most promising short-term and long-term solutions?

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Experts in this series

Join experts from The Conference Board as they share Trusted Insights for What’s Ahead®

Steve Odland

Steve Odland

President and CEO
The Conference Board

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Selcuk Eren

Selcuk Eren

Former Senior Economist
The Conference Board

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C-Suite Perspectives

C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.

C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.


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