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India is set to surpass China as the world's most populous country in 2023. US President Biden will seek increased oil production from OPEC nations during meetings with Gulf leaders. Iran plans to sell Russia armed drones for use in Ukraine. Analysis: The Future of Work: Easing Labor Shortages Through New Ways of Hiring.

Condition Updates

A rundown of important global risk developments in markets, in business, and region by region.

Analysis: The Future of Work: Easing Labor Shortages Through New Ways of Hiring

Amid a hot labor market, businesses are changing the way they hire with strategies including dropping college degree requirements and offering tuition assistance for positions that require four-year degrees. Some states are also changing labor laws to allow seasonal workers to better fill staffing shortages. Employers may have to reconsider how they staff positions and compete for talent in a market where job seekers have the advantage.

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