Amid worldwide efforts to go green, high demand for basic and precious metals along with supply chains that have been disrupted by a pandemic and now the Russia–Ukraine crisis are causing major challenges. As disruption in energy supplies continues to reverberate throughout the world’s economies, another equally insidious, if less conspicuous, disruption is unfolding: shortages of key basic and precious metals. 

A message from Jonas Prising, ManpowerGroup Chairman & CEO: “Our report indicates that there are early signs of labor markets softening and hiring intentions moving lower given the economic headwinds we are experiencing. Though employers say they are beginning to dial down their hiring plans in some areas, we still see strong demand for specific skills including IT, logistics, and finance. Amidst a cost-of-living crisis, and a depreciation in real-time wages, companies need to think more than ever about attracting and retaining their workers – that might start with pay, yet our data tells us flexibility, career development, and purpose-driven work is worth up to 5% of salary to many workers. There are lots of levers available for companies to attract and retain the talent they need to stay competitive.”