Monday, February 27, 2023
The Greater Oklahoma City Chamber makes more than 250 company visits annually and captures the major challenges and opportunities businesses are experiencing. Below are some of the broad takeaways from those conversations:
Oklahoma City employers reported robust hiring through the early part of 2022. This was likely driven by pent-up hiring demand and deferred expansions, etc. As 2022 progressed into the last quarter, we saw a cooling of hiring and reduced net, new hires being reported. This seems likely to be due to “right-sizing” from many employers who feel their headcounts are closer to optimal size and are not seeking large-scale hiring.