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"How to Stand Strong in Transitional Times"

The Key is a Flexible, Future-Focused Foundation

If thereʼs one term that describes the current economy from an employerʼs perspective, itʼs “watch and wait,ˮ states Raj Namboothiry, Senior Vice President of Manpower in a recent USA Today article. On-again/off-again tariffs, layoffs and funding cuts make long-term planning challenging, to say the least.

You may be confused by all the contradictory economic news coming out lately.

• Largest year-to-date number of layoffs since 2009
• Seesawing tariffs affecting supply chains
• Number of people holding multiple jobs is the highest since the Great Recession in 2009

But there are some positive indicators:

• Inflation rate lower in March than expected
• Interest rates are still favorable
• The U.S. economy added a robust 177,000 jobs in April, beating expectations for the second month in a row

Brand: Manpower

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