Get Staffed Up, LLC

How To Prepare For A Possible Recession By Hiring Smarter

How To Prepare For A Possible Recession By Hiring Smarter

According to economists at Nomura Holdings Inc, the US economy will likely fall into a mild recession by the end of 2022 as the Federal Reserve raises rates to tame prices.  With mounting anxiety about an impending recession in the US, you may be concerned, or at least a little curious, about what this may mean for your business. Pandemic-related factors such as the lower labor force have radically reduced the US labor supply. Therefore, the labor supply is becoming a serious constraint on US economic growth. In this blog, we will discuss the ongoing labor shortage and what firm owners can do to prevent the possible recession from affecting them. As we will see, hiring a virtual assistant can be the smartest way to combat this trend.

Labor Shortage and Recession

The U.S. continues to see major labor shortages in multiple places around the country. In urban and rural areas, we see advertisements for jobs that indicate that many employers are not able to recruit the help they need. Although certain places in the country have seen improvements in the shortage, this is still a major problem in many parts of the nation.

One of the causes of the labor shortage is the federal unemployment money which came about to combat the effects of the COVID shutdown. Many workers, particularly in the service sector, began receiving more money from the State and federal unemployment assistance than from their regular paychecks. In response, many workers opted to remain unemployed and continue receiving unemployment benefits. Now, a new trend has supplemented this problem and contributed to the labor shortage: the so-called “great resignation.” 


    Your privacy is important to us! By submitting the information you provide on this form, you agree that the information may be used by our firm for any communications but will not be shared or provided to any third parties.

    Have Questions? CONTACT US HERE.

    (866) 763-2540

    People all across the country have been resigning from their jobs. One of the main reasons is that younger workers are trying to make a statement about their attitudes and preferences. Many younger workers are attempting to “reinvent” themselves and their professional lives, and they see the current environment as ideal for this end.

    The Solution

     What’s the solution to this dilemma? How can a firm owner prevent the recession from affecting them? The answer is to hire smarter. Firm owners should look at new hiring forms to fill gaps in their staff. The form we recommend is to hire a virtual assistant. Virtual assistants can perform a wide range of functions at a high level of competency. Such as marketing, administration, scheduling, bookkeeping, accounting, web management, and so forth. VAs can perform these functions without ever having to set foot in the office. Through Get Staffed Up you can hire the top 1% offshore virtual assistants at a fraction of the cost. Hiring a VA can be one of the best ways to create value for your firm. 

    Contact Get Staffed Up, LLC for More Information 

    Want to learn more? Contact Get Staffed Up, LLC today by calling 866-763-4405.

    Recent Posts

    ALA 2023 Recap

    We are thrilled to share our experience at the dynamic and insightful ALA 2023 (Association of Legal Administrators) Annual Conference & Expo, held in the

    AI Webinar with Chad Burton

    At GSU, we had the incredible opportunity to host our monthly webinar with an incredible guest, Chad Burton. He is the co-founder of Modern Law

    Taming The Email Monster 2.0

    In today’s fast-paced world, it is more common for people, when engaging with a brand or service provider, to be contacted via email. Most people

    error: Content is protected !!