The Economic Outlook

• Greater Valley Forge Human Resource Association, Inc.

The Economic Outlook
Herb Taylor
Vice President & Corporate Secretary
Federal Reserve Bank of Philadelphia

The US economy has fallen into one of the deepest recessions of the post-war period. In order to make sound Human Resources decisions, it is important to understand the wider impact of the economy and business and industry growth and decline. Objectives participants will:
- Identify the components of a sustainable economic recovery
- Identify the likely pace and pattern of growth business and industry sectors as we move into 2010
- List the kinds of risks and challenges still lie ahead for long term business prospects and the impact on employment figures
- Key on specific regional economic impacts, including growing, static and declining business sectors HR professionals benefit by understanding when and in what industries, business up ticks are likely to occur.
This in depth economic information provides sound forecasts which help HR professionals make strategic level staffing decisions, such as when to hire in anticipation of increased business, which talent is likely to be most quickly re-employed and when it is best to delay staffing up. HR Professionals and their 'C' level management should attend this program together. When top level leaders understand the economic forecasts, they can make sound strategic decisions, together with their senior HR Professional regarding the human side of their businesses.

GVFHRA members $25.00
Non Members $35.00

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