Preparing for Economic Uncertainty: Best Practices for Canadian and American Employees Before the 2023 Recession

As Canada and the US brace for the potential impact of the upcoming recession in 2023, employees find themselves facing uncertain times. Will I keep my job? Will we have work? These daunting thoughts can be frustrating and agonizing. However, by adopting proactive measures and implementing best practices, individuals can better navigate the challenges that lie ahead. In this article, we will explore essential steps Canadian employees can take to prepare themselves before the recession hits, ensuring a stronger and more secure professional future.

  1. Enhance Professional Skills:

During an economic downturn, the job market becomes increasingly competitive. To stand out among peers, employees should invest in enhancing their professional skills. Identify areas for improvement or new skills that align with industry trends and take advantage of online courses, webinars, and workshops. By upgrading your skillset, you become a more valuable asset to your current employer and a more attractive candidate for potential

2023-06-09T12:10:48-04:00June 9th, 2023|Job Seekers|

Navigating the Impact of the 2023 Recession on Staffing in Small and Large Companies

People and businesses alike are preparing and going through the motions as the 2023 recession approach continues. Sometimes it can be easy to sweep things under the rug and forget they ever existed. However, it is important to prepare for these recessions to put businesses, big and small in a place where they can come back out the other side. As the global economy faces uncertainties and challenges, businesses of all sizes brace themselves for the impact of the 2023 recession. During times of economic downturn, staffing becomes a critical consideration for both small and large companies. Explore how the recession is expected to affect staffing and insights on how businesses can navigate these challenging times. 

  1. Focus on Efficiency and Productivity:

During an economic downturn, businesses are forced to streamline their operations to survive. This shift toward efficiency often means doing more with fewer resources. As companies prioritize productivity, automation and technology adoption may increase, enabling

2023-06-09T11:59:24-04:00June 9th, 2023|Employers|