ICYMI: 01.03.23

Companies Raise Pay to Retain Workers

Workers’ wages who stayed at their jobs rose 5.5 percent in November from a year earlier, and those who changed jobs saw wage gains of 7.7 percent from a year before. 

Chinese Businesses Are Hiring Virtual Employees

Chinese tech company Baidu said that projects for developing virtual people have doubled in the past year.

Japanese Yen Starts 2023 Strong

The Japanese yen started 2023 with modest gains, rising 0.3 percent to 130.77 per dollar on Monday morning. 

EVs Drive U.S. Factory Boom

Electric vehicles are driving a factory-building boom, with $33 billion pledged for the construction of new assembly and battery plants. The U.S.-based factories will be located in states such as Tennessee, Georgia, Kentucky, and Michigan.

Food Delivery Orders in Decline

Food delivery orders on apps like DoorDash and Uber Eats are in decline.

2023 PREDICTIONS

Nothing about the past two years has been predictable. Whatever anyone predicts for 2023 is based on outdated thinking. You can't solve 2023 problems with 2019 paradigms. In 2023, leaders, teams, entrepreneurs, and professionals will discover new solutions to today's problems.