Despite the many headwinds - like the war in Ukraine and a steep rise in interest rates – unemployment remains incredibly low, and businesses are still hiring as they look to fill key positions and meet persistent demand.
Top performers tend to fall into the background as managerial attention goes to underachievers and new hires. But there needs to be a strategy to energize top performers too, or risk them getting bored, disgruntled, and looking elsewhere
Like most tools, large language models (like ChatGPT & Google Bard) can be used for good or ill purposes. Positives: generate creative content, translate languages, and debug software. Negatives: They can be used to damage reputations, spread misinformation, code malware, and conduct cyberattacks.
The first half of 2023 was a difficult one for home buyers and for real estate agents as single-family home sales cratered and home prices plateaued high above pre-COVID levels.
At the end of 2022, WBJ readers were more pessimistic about the future of the Central Massachusetts economy than they had been at any point in the previous 10 years. The first five months of this year only made them more pessimistic.
WBJ decided to publish a Midyear Economic Update on the local business community, to see how all the major events so far in 2023 impacted people’s feelings about the rest of this year.