Why This Downturn Could Be Different, At Least For Investments In Talent And Training

July 5, 2022 | forbes.com

Economic downturns often bring cuts in areas like training and development, education benefits and diversity initiatives. But while it’s too early to tell what might happen if the economy officially plunges into another recession, one of the key messages from panelists at a virtual event Forbes hosted June 30, “Building The Workforce Of The Future: From The Great Resignation To The Great Reorientation,” is that this time might be different.

NJ SEED: Recurring events may be similar but are rarely exactly the same. The apparent oncoming recession appears to be no different. The summary of a Forbes hosted forum suggests some of the challenges to be faced by both employers and the workforce.