The United States Labour Market - December 2023

Here is a bit more colour:

1. Profitability - https://www.reuters.com/markets/us/us-profit-growth-accelerate-2024-despite-economy-risks-2024-01-02/
2. USA GDP - https://www.npr.org/2024/01/01/1222380459/the-u-s-economy-performed-better-than-expected-in-2023-a-2024-preview
3. Tech - https://www.cio.com/article/230935/hiring-the-most-in-demand-tech-jobs-for-2021.html
4. Manufacturing and Construction - https://www.reuters.com/markets/us/us-construction-spending-rises-less-than-expected-november-2024-01-02/
5. Tech - https://www.enterpriseitworld.com/73-of-organisations-in-the-us-foresee-an-increase-in-their-it-spends-in-2024/
6. Hiring focus has been on a few sectors - https://www.bnnbloomberg.ca/us-jobs-report-to-show-hiring-concentrated-in-only-a-few-sectors-1.2018104
7. Productivity - https://www.reuters.com/markets/us/us-third-quarter-productivity-revised-higher-labor-costs-much-weaker-2023-12-06/
8. EV supply chain - https://www.just-auto.com/comment/ev-makers-must-secure-mission-critical-suppliers-to-scale-successfully/
9. Food supply chain - https://www.freshplaza.com/north-america/article/9587929/can-broken-food-supply-chains-be-fixed/
10. Near shoring - https://www.gbm.scotiabank.com/en/market-insights/article.research-and-market-commentary.nearshoring.html

Paul Young CPA CGA

Paul is a former IBM Customer Success Manager / Architect that has deployed over 300 data and AI solutions across geographies and industries. Paul is also an SME Expert on macro and micro indicators through data journey to drive better business outcomes.

#employment #labour #skillsgap #productivity #supplychain #inflation #careers #IT