Talk of Recession The threat of a recession has received a lot of attention lately (too much attention, in my opinion). It is true that the yield curve is inverted (see chart on page 15), which is a leading predictor of recession in the coming 12 months. And, yes, there have been some layoffs. But as I mentioned in my opening comments, accounting and finance departments rarely find themselves overstaffed and they are rarely among the first departments to be hit with layoffs. This combined with the obvious supply and demand challenge for pro- fessional talent gives me comfort that the accounting and finance tal - ent market will drive right through any mild recession that may come.
8 ARG Quarterly Barometer Q2 2023
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