The 2023 labor market outlook report

The economic climate has put extra strain on businesses – recruitment and staffing costs have skyrocketed while productivity levels have seen a dip. If you’re looking for better ways to make your business more resilient, agile staffing solutions could be the answer.

Our 2023 labor market outlook report provides an overview of how organizations can achieve their goals without breaking the bank, exploring how markets are prepared to weather an economic downturn, how employers are responding to labor market tensions, and how leveraging temporary workers can help you save costs.

We surveyed 300 HR and operations professionals to better understand the challenges that they were preparing for in 2023, and what they were prioritizing.

• Only 1% have seen no impact from the cost of living crisis
• Over half are using temporary staffing to cut costs during hiring freezes
• 59.7% are reducing expenses or cutting budgets
• Over half plan on using temporary staffing more, or the same in 2023