There is much uncertainty about how the new administration’s policies may affect the U.S. economy. While the demand for workers remains high, employers will likely need to be flexible to adjust to rapid changes in the labor market.

Employbridge’s newest Labor Planning white paper includes analyses of market and economic trends and how they may affect businesses this year. It also details workforce strategies that will be essential to navigate change.

Key insights include:

• “Allowing more flexible schedules” is a top priority. According to Employbridge research, organizations ranked it their No. 1 planned workforce investment for this year.
• Flex and gig work can attract talent. Half of industrial employees are interested in exploring these forms of employment.
• A tight labor market will continue. As long as wage growth outpaces inflation, workers will have leverage.
• Industrial companies are making cultural improvements. Creating a better environment for employees is a top planned investment for this year.
• Organizations are investing in their workforce. To close the ongoing skills gap, many organizations are investing in training, upskilling, and leadership programs.