Volatility at home and abroad
Voice of the CFO | October 2022
Subscribe to CFO Real Insights
乐鱼（Leyu）体育官网 convened a cross-industry group of chief financial officers (CFOs) to continue the discussion started in July on staffing challenges, as well as share insights on geopolitical factors exacerbating some of the issues CFOs are facing.
Key takeaways
1
Recession seems imminent given the Fed鈥檚 fourth consecutive 0.75 percent rate hike.
2
The Russia/Ukraine conflict is likely to continue to have an impact for up to a decade, including leaving Russia as a second-tier commodity exporter.
3
Although China is the world鈥檚 second largest economy, the country is no longer driving global growth.
4
The energy crisis is the biggest concern in Europe, particularly in the UK and Germany, where some businesses and industries may fail when stockpiles are depleted.
5
Staffing challenges continue to challenge CFOs across all industries, although there are exceptionally challenging shortages in the hospitality and leisure, childcare, education, and nursing professions.
6
Although male workforce participation has reached pre-pandemic levels, and women are starting to come back to the labor market, the U.S. ranks 9 to 10 percentage points lower than Canada when it comes to labor participation.
Discover more insights for the modern CFO
Keep up-to-date with a wide range of news, insights, and unique perspectives that have been expertly tailored to fit the needs of the modern CFO.
Voice of the CFO highlights
View additional CFO Peer exchange Highlights
