PwC Research Says This, Not Trump’s Future Policies, Is What’s Causing CEOs Concern

jobs

CEOs from around the world are more worrried about the lack of qualified workers needed to fuel corporate growth than they are about President-elect Donald Trump’s future policies, European populism and Brexit, according to a recent survey.

PwC’s 20th annual survey of CEOs found that 38% are very confident their company will grow over the next year and 29% think global economic growth will increase in 2017, Business Insider reports. That optimism is pushing 52% of CEOs to plan to increase the number of jobs they're offering, but most companies are worried they won’t be able to find enough qualified workers.

A full 77% of CEOs surveyed said they are worried they won’t be able to find workers with the key skills required to fill positions, a valid concern considering the labor market is tightening and unemployment is down to 4.7%. [BI]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI