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The Labor Market’s Hot Streak Continues 6/2/23

Power Lunch

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The Role of Remote Work in the Economy

After post-COVID resignations, companies aren't just looking overseas for talent. They're doing it because even with improved salaries and benefits, they can't always find a big enough pool of domestic workers to fill the roles they need. As far as markets right now that I think I've seen, even in the last more recent times is South America. Many companies are now looking at South America, ourselves included. We just opened a design team in Brazil. It's an aspect of the remote work equation. And we're likely to hear more about, especially if the economy continues slowing in the back half of the year.

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