You’re going the wrong way – How would he know where we’re going?
For the month Ended January 31, 2023 The Unemployment Rate in the Tech Industry managed to DECREASE again from 1.8% in December to 1.5% in January despite the third consecutive month of significant Layoffs in the Sector.
U.S. employers added 517,000 jobs in January up from 223,000 in December, while the unemployment rate dropped to 3.4% from 3.5% in December.
Canadian employers added 150,000 jobs in January up from 104,000 in December, while the unemployment rate remained unchanged at 5.0%.
Small and Medium Sized Businesses will continue to attract and retain Highly Skilled Technical Labor through 2023. Many of the 70,000 + Tech Layoffs for The Twelve Months Ended January 31, 2023 were a result of Enterprise Short-Term Earnings Tactics. Moving into Q3 2023 a Top Concern for several North American and European Executives is the availability of Highly Skilled Technical Labor (yes the same group that all but Apple has dismissed).
Join us in the coming months as we explore Hybrid Corporate Structures, and the Effectiveness of Smaller to Medium Sized Businesses. Enterprise Funded, Solutions-Based Start-Ups will provide a Cultural Safe Haven bridging the Impending Highly Skilled Technical Employment Gap expected in Q3 2023.
We want to Learn More 🙂
Investment in Technical Capabilities is a Long-Term Commitment.
Sources:
U.S. Bureau of Labor Statistics
Statistics Canada – Labor Force Survey
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