Fragomen and Bloomberg LP: Navigating Today’s Cloudy Economic Climate – U.S. Immigration and Workforce Management Strategies
June 7, 2023 | 11:00 AM — 12:00 PM EDT
Over the course of the last few months, economic momentum has slowed amid high prices and interest rates, which has caused a decrease in consumer demand for goods. Thanks to excess household savings from past fiscal support and strong income growth, this has been gradual, with spending on services holding up and the labor marketing remaining tight but softening up.
As companies prepare to ride out today’s economic turbulence, they are faced with difficult decisions that can have lasting impacts on their business. Bloomberg Economics’ recession-probability model, which tracks 13 macroeconomic and financial indicators, shows chances have surged of a recession unfolding later this year, primarily due to the lagged impact of Federal rate hikes.
Examining your workforce management policies, including your employment-based immigration programs, is critical to the long-term success of your business.
During this session you will learn about:
- Increases in government enforcement activities
- Impacts on sponsored employees in the U.S.
- Impacts on employers’ ability to sponsor employees for green cards
- Retaining and recruiting top global talent during economic downturn
- Immigration program recommendations to thrive throughout today’s economic weakening and afterward
Join us to discuss these important topics. We encourage you to submit your questions in advance via the registration form.
Scott Leeb, Chief Knowledge Officer, Fragomen, Matawan, NJ
Bo Cooper, Partner, Fragomen, Washington, D.C.
Parisa Karaahmet, Partner, Fragomen, New York, NY
Jill Bloom, Partner, Fragomen, Phoenix, AZ
Eliza Winger, U.S. Economist, Bloomberg LP, New York, NY
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