Introduction
The end of 2022 marked what most would call a turbulent year, with rising global interest rates to combat inflation, news of mass layoffs in the IT sector and staffing shortages among lower-skilled roles. At Allegis Global Solutions (AGS), we’re looking beyond the headlines to find the real story on likely impacts of the most talked about workforce trends among companies, recruiters and candidates.
In this report, we’ll explore the expected trends among interest rates and wage inflation, the truth behind layoffs and attrition in the labor market, why internal mobility is key and retaining recruiters is important, and the real risk of automation to jobs.