2023 mid-year trends: labour market loosens as flexible work debate rages on

At the end of 2022, Raconteur asked a selection of experts what issues the HR profession would be focusing on this year. It’s time to revisit their predictions and consider what H2 2023 holds

2023mid Year Trends Work

At the end of last year, economists were expecting the UK to enter a recession and companies were adjusting their plans accordingly.

“It’s going to be a challenging 12 months,” said Janine Chamberlin, UK country manager and vice-president at LinkedIn, when Raconteur spoke to her in December 2022

With big-tech jobs already being cut in large numbers at the time, both she and James Reed, chair and CEO of recruitment firm Reed, were expecting large-scale redundancies in the UK, given the widely predicted economic downturn.