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WHAT IS IT?

Describes the coming year for job creation and layoffs in the tech sector

WHY IMPORTANT

Signs point to a labor market that is likely to remain tight in the months to come. For employers, that means continued upward pressure on wages, even if the pace is slower than earlier in 2022, more hiring challenges and a stronger likelihood of further interest rate hikes — all factors that could increase costs for businesses.

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Northeastern Maryland Technology Council
2021 Pulaski Hwy, Suite D, Havre de Grace, MD 21078
410-638-4466

John W. Casner, Executive Director
john.casner@nmtc.org

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