People-nomics, Part 1: Automation, Immigration & The Supply Chain

January 22, 2024

DUPAGE BUSINESS BEAT | PODCAST EP. 5

Today’s businesses are struggling for one thing: talent. So how did we get here? What factors are influencing the labor market? And how can businesses adapt?

The answer: It’s complicated.

In today’s episode, host Greg Bedalov sits down with an economist and a banking expert to discuss all things “People-nomics” – the economics of labor.

In the first half of their two-part conversation, Greg & co. discuss how automation and immigration are impacting the labor crisis, and what a shifting global supply chain could mean for our region.

Be sure to listen to “People-nomics, Part 2”, where we’ll dive into the rising cost of housing—and discuss what the heck is happening with interest rates.

Guests:

  • Matt Finn, CFA, Chief Economist of 1834, a division of Old National Bank
  • Glenn Mazade, SVP, Commercial Business Banking of Old National Bank

Host: Greg Bedalov, President and CEO of Choose DuPage

Dive Deeper:

  • Want to learn more about Chicagoland’s workforce? Start with the Chicagoland Economic Partnership Asset Report, a free resource that offers in-depth data and insights on the region’s key assets.
  • Want better workers? Build better workplaces. Check out our Smartest Workplaces in DuPage: 2023 list to see how businesses in the Chicagoland suburbs are redefining workplace experiences.
  • Located in the thriving Chicagoland region, DuPage County has access to a world-class talent pool. Visit the Choose DuPage workforce page to learn how our seamless pipeline helps develop next-gen talent and connects businesses with the workers they need.

A special thanks to the College of DuPage for supporting today’s episode. To keep up with what’s happening in DuPage County and the Chicagoland region, follow Choose DuPage on social media or visit ChooseDuPage.com/Ready.

DuPage Business Beat Podcast

Today’s biggest business issues, told from a Chicagoland perspective. A podcast about emerging industries, shifting borders, economic ecosystems, and you. Featuring experts and entrepreneurs. Hosted by Greg Bedalov, President & CEO of Choose DuPage. DuPage Business Beat is produced by Choose DuPage.