From Fortune:



The article discusses how the predictions for 2023 in terms of workplace and economy did not come to pass, resulting in a stalemate. There were conflicting predictions on whether inflation would be controlled, remote work would triumph or office attendance would prevail, and how Gen Z would influence the workplace, among other topics. Expectations of a recession also did not materialize, and there was a compromise that left both employees and employers dissatisfied. Job gains remained steady, wage growth cooled, and there were fewer layoffs than anticipated, leading to a primarily stable job market. However, job satisfaction declined and workers felt stress and dissatisfaction, even if they were able to work from home. The emotional temperature of 2023 thus resulted in feelings of unrealized potential and discontent. Despite this, the year saw progress in certain sectors, such as unions securing better contracts for their workers. The article concludes by suggesting that although there was stability in the job market, it should be seen as comforting rather than unexciting, and predicts that the coming year will see a positive shift in workplace vibes.



Original: 2023: The year of the workplace gridlock