Recession

2022 - 10 - 31

Post cover
Image courtesy of "Fortune"

Remote work saves companies a ton of money per worker. It could ... (Fortune)

Fewer workers in the office means smaller office spaces and lower expenses. That extra savings could prove helpful if the U.S. enters a recession.

Yet almost 30% of the 1,200 commercial office space decision-makers predict their workforces will remain mostly or fully remote for the next 12 to 18 months. companies aren’t 100% remote, instead operating in a hybrid capacity with some workers coming into the office and others working from home part- or full-time. Based on the estimate that work areas Yet the majority of U.S. really does enter a recession next year, [as many experts predict](https://fortune.com/2022/10/06/7-top-economic-minds-think-global-recession-coming-some-say-its-here/). [Lemon.io](https://lemon.io/), a marketplace of vetted software developers.

Post cover
Image courtesy of "Total Landscape Care"

Tame the 2023 inflation beast and prepare for a recession now (Total Landscape Care)

Landscape contractors are accustomed to enduring unpredictable weather, but this year's sudden onslaught of inflation, which came on like an unexpected ...

Having been in the landscape contracting industry for 18 years, LandOpt and its members have been through more than a few economic challenges. At this in-person event, we use a proprietary planning tool that guides members through a detailed process to create a financial map for the following year. Based on the results, several contractors decided to add a 1% to 3% fuel surcharge to their maintenance contracts. For example, this year, many LandOpt contractors used the projection tool to see how rising fuel costs would affect their performance. He has a bachelor's degree in IT Management and an MBA. With the busiest part of 2022 having passed and 2023 approaching, this is the time to start looking ahead to next year. Fertilizer costs are expected to again rise because of the demand for natural gas. Peer into the contactors’ crystal ball and you’ll see a cloudy forecast. For much of the year, unleaded gas was running a dollar higher than expected, with some fuel suppliers even adding surcharges. And if recent years foretell the future, 2023 will bring surprises that no one can foresee. The LandOpt system saw an average 6% to 7% hike in wages. Landscape contractors are accustomed to enduring unpredictable weather, but this year’s sudden onslaught of inflation, which came on like an unexpected storm, presented a whole new set of challenges.

Post cover
Image courtesy of "Creative Bloq"

Designers: how to prepare for a recession (Creative Bloq)

How to prepare for recession? Figma's Luis Ouriach and Andrew Hogan offer some recession proof advice.

Hogan explains a key takeaway from Figma's research is that HR teams need to listen to the needs of "top talent" and respond accordingly. Despite the volatile economy, designers today have many choices and hiring teams need to find ways to gain a competitive advantage as an employer of choice." Networking is not for everyone, however, and let's be honest, some of us choose a life in design because we like our work and creativity to do all the talking. Hogan tells me: "Almost all of the design team leaders in the UK we [Figma] recently surveyed (95 percent) have open designer positions needing to be filled today. Is it time, even as a recession looms, to create a portfolio and apply for new jobs? So, yes, even with a recession looming designers are in demand and can make demands. Here's a thing, you may feel under threat as bad news about the economy gathers pace, but Figma's Insights and Analysis, Andrew Hogan, has some good news: "design talent is critical – and in fierce demand". Networking and referrals play a large part in bigger organisations, which isn’t something we can change overnight, but for most people your passion for the work and strong portfolio should be enough to promote progress." Below are a series of questions he suggests you ask yourself in order to frame you own personal Golden Rules. He continues: "Something I try to say to all designers is that the first thing we should feel comfortable with is discomfort. Keeping these rules in mind and using them daily, Ouriach says he you can "protect myself from this adversity by making sure that I’m aligned with what I value". "Design is (unfortunately) often subjective in nature, which means that we can find ourselves in situations where business authority can question our good intentions," explains Ouriach.

Post cover
Image courtesy of "Union Democrat"

13 ways to manage your money during a recession (Union Democrat)

47% Americans are spending less on discretionary purchases. 35% are saving more for emergencies. 30% are paying more down on credit card debt. 24% are looking ...

Post cover
Image courtesy of "FOX 61"

Ready for a recession? Let's talk 401ks (FOX 61)

So, should you make your investments more conservative to limit your losses? Chartered Financial Consultant John Caserta said that if you do, you'll likely lose ...

You don't have permission to access "http://www.fox61.com/article/money/market-drop-recession-401k-money-savings-retirement-finance/520-07d7dc46-c240-47b2-8498-5c9f6676999a" on this server. Access Denied

Post cover
Image courtesy of "EnterpriseTalk"

Making the Business Recession-Ready - EnterpriseTalk (EnterpriseTalk)

During a recession, the right combination of enterprise software and of B2B apps can help the business survive and thrive.

Companies can be exposed to these functional gaps, but some complementary platforms and apps can fill in the gaps and maximize the ROI of enterprise applications. Automation and AI integration in the workplace enhances productivity, but more than that, it’s now an essential element for any organization that wants to maintain its competitiveness over the long run. Managing the variety of departments needed to keep the company running can drain employee resources and money. The majority of corporate software solutions do not exist in an ideal environment. The same technology can automate quality checks to prevent recalls while applying predictive analysis to lower risk and minimize disruptions. The soaring inflation rate is now permeating every aspect of life and having an effect on both personal and business budgets.

Post cover
Image courtesy of "Livemint"

Western recession won't leave India unscathed | Mint (Livemint)

This should be accompanied with high levels of unemployment. Growth forecasts by the International Monetary Fund (IMF) and The Economist had shown no negative ...

The other is that since we are in a globalized set-up, we cannot escape the ravages of a recession and should not live in denial. The ironic response to these views is that there is merit in both. One view is that we are axiomatically immune to the same, as our economy is decoupled from the rest of the world’s.

Explore the last week