Trends Report

TIER: 2023 US Labor Market

Adapt Your Talent Strategy To Respond To The Labor Market’s Double Disruption

March 24th, 2023
Christopher Gilchrist, Principal Analyst
Christopher Gilchrist Principal Analyst
Fiona Mark, Principal Analyst
Fiona Mark Principal Analyst
With contributors:
Matthew Guarini , Rachel Kwon , Michael Kearney , Anna Synakh , Ian McPherson

Summary

The labor market is evolving quickly. The shift in composition, characteristics, and organization of talent has created a “double disruption” that has technology removing jobs as fast as it is creating them. This has resulted in an inefficient expansion due to the growing mismatch in skills demanded and the availability of those skills. It is critical for tech execs to adapt how they manage their workforce. This report forms part of Forrester’s tech insights and econometric research (TIER) and details the strategies tech execs can deploy and deliver to remain competitive in an uncertain economy.

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