Articles Tagged with ''labor shortage''

ABC chief economist Anirban Basu believes a recession will occur in 2023, based on higher interest rates and other indicators that suggest the economy may be slowing down.

With inflation and rising interest grabbing the headlines, layoffs have already begun in certain sectors of the economy and have flown relatively under the radar until recently.

Top 2023 trends in the HVACR industry were decarbonization, IAQ, the supply chain, workforce development, and refrigerant regulations.

The 2022 AHRI Leadership Forum took place November 13-15 at the Hyatt Regency Hill Country Resort & Spa in San Antonio, Texas. The event was attended by about 360 industry professionals and was AHRI’s first in-person since 2019.

U.S. employers’ most common complaint across almost all business sectors is an inability to find workers. The lack of workers presents a problem to more than just employers.

At the FMI ES&D Conference, attendees learned about everything from new refrigeration technology to changing store formats to regulations that are requiring the phasedown of HFC refrigerants.

Employers are currently experiencing an unprecedented set of headwinds, but there has been a slight glimmer of hope recently for employers trying to manage employee turnover.

The HVACR industry has been experiencing a labor shortage for decades, and the latest trends aren’t looking great.

Working in the trades already comes with its fair share of stress, but for the last couple years, the industry has also had to deal with COVID-19, supply chain issues, the material shortage, rising gas prices, and much more.