Current Economic Conditions & Challenges, and the Role of Labor Force in Future Growth - Designers Show #89designers show Nov 21, 2022
Ron Wirtz, Regional Outreach Director for the Federal Reserve Bank of Minneapolis, is our special guest in this Designers Show. Ron discusses the speed and breadth of economic recovery in Minnesota, as well as major economic challenges, and the role of the labor force in long-term economic growth. Using an interactive survey, Ron also gauges attendees’ sentiment regarding local business activity, hiring demand, labor availability, outlook, and other issues.
Introduction & Dan's Upcoming Trainings 00:01
Disclaimer & Agenda 06:20
Data Show from 30,000 Feet 08:20
Minneapolis Fed Construction Survey Results 18:18
A Deeper Look at Inflation 21:26
Labor Markets and Hiring Demand 30:09
Other Employer Responses to Labor Needs 34:15
Q: Why Did the Market Shut Off So Fast? 43:00
Go Through the Slides Again 48:00
What is Getting Better? 49:54
Q: How Are the Self-Employed Included in Your Data? 54:43
Q: What Are People Doing to Survive?
Q: What Do Natural Disasters Do to Material Supply? 58:04
Q: How Do Tech Layoffs Affect Us? 58:50
Q: Where Can I Go For More Information/Resources? 1:01:14
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