GMM CEO Sees 'Drum-Tight' Labor Market in U.S.

GMM CEO Sees 'Drum-Tight' Labor Market in U.S.

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the challenges in the current labor market, including hiring difficulties and wage increases. It highlights the impact of tariffs on hiring and production, with many US clients shifting production away from China. The discussion also covers changes in client spending due to tariffs and geopolitical tensions affecting the industry. Finally, it addresses the global shift in manufacturing locations, with companies moving to countries like India and Vietnam due to cost and tariff considerations.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are companies responding to the uncertainty in the economy?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some alternative countries where companies are shifting their production?

Evaluate responses using AI:

OFF