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What Are Top Business And Employment Opportunities In 2023?

Business and employment opportunities were significantly restricted during the pandemic. Aside from the healthcare impacts, coronavirus disease caused financial uncertainties among family breadwinners and incapacitated entrepreneurs to innovate and expand.

As companies start to recover from the economic impacts of COVID-19 and embrace digital transformation in 2022, many business leaders try to find innovative ways to generate higher revenues and provide more employment options in remote and hybrid work environments. But what is in store for businesses and employees in 2023?

Technology Jobs Will Be More In Demand

Before the pandemic, building an online presence was just an option for many startups and family-owned businesses. During the pandemic, many brick-and-mortar entrepreneurs realized the value of digital presence and started to create their business websites. In the post-COVID era, digital tech jobs ramped up, which began in the last quarter of 2021.

According to Stacie Tyler, CEO of Tell Me Best, “We can expect more digital technology-related jobs in 2023. While many technology companies worldwide have laid off thousands of tech workers since the start of 2022, freelancers, outsourcing companies, and offshore workers can expect more job openings relating to marketing technology (martech). SEO specialists, social media marketers, affiliate marketers, online media outreach link builders, graphic designers, and virtual assistants are just a few of the highly in-demand martech jobs next year.”

The healthcare industry was a major target of cybercriminals during the COVID-19 pandemic. The modernization and digitization of healthcare facilities make them more vulnerable to cyberattacks. In 2021, a third-party data breach hit a healthcare provider in Singapore, compromising patients’ personal data and bank account information.

Ruth Novales, Fortis Medical Billing Professionals explained, “Healthcare tech jobs, such as medical coders, telehealth account managers, and data cybersecurity analysts, will increase in 2023. Because healthcare organizations need to ensure privacy and security compliance, this will open more opportunities for tech companies to offer robust medical tech solutions.”

Global Business Opportunities

Many enterprises will attempt to penetrate and dominate the global market in 2023. More countries are opening their markets for international trade, providing great business opportunities for companies to introduce their products and services to the world.

E-commerce platforms open many opportunities for retail entrepreneurs to expand. Dropshipping and fulfillment companies help speed up logistics, allowing startups to market to global customers without requiring a huge capital.

B2B companies will be more open to online media collaboration to reach new client bases abroad. Western-based B2B companies will be more receptive to having brand microsites to reach APAC B2B customers. But the challenges include language and time zone differences.

Simon Bacher, the Co-Founder of Simya Solutions, shared, “Enterprise leaders must prepare their employees to create a solid plan for a global business venture. For instance, business leaders can initiate language training to equip employees better with the linguistic skills they need to communicate with foreign stakeholders. To address time zone differences, business leaders must consider hiring offshore employees and investing in project management software and similar solutions to track work progress and output.”

Cryptocurrency will also digitally globalize businesses. The crypto world experienced a major crash in 2022 as digital currencies decreased in exchange rate prices and major exchanges collapsed. Many crypto investors panicked with this series of downfalls. New crypto regulations will arise next year, and many experts expect harsh rules, which may threaten many investors. Amidst these challenges, the new year brings high hopes for many crypto businesses and investors.

“Global crypto adoption is the top priority in 2023. With the millions of crypto entrepreneurs and investors around the world, they won’t stop until the market recovers and rebound. Web3 social platforms will continue to grow, opening more opportunities for the crypto market. Luxury brands and Web3 personalities will collaborate to discover and explore new customer experiences and commerce models.”, Jonathan Merry, Co-founder & CEO, Crypto Monday explained.

Brands Will Generate More Sustainable Jobs

Brands will be implementing more activities and projects that support sustainability. Private organizations and government agencies will collaborate to address serious environmental problems. This effort will create more jobs, especially for locals, as companies give back to the communities by creating more environmental projects, such as tree planting.

Sam Tabak, a Board Member of Rabbi Meir Baal Haness, said, “In various parts of the world, extreme weather events due to climate change are becoming a norm, resulting in billion-dollar losses in the agricultural sector alone. As a result, food prices increase, and food scarcity occurs, skyrocketing hunger, malnutrition, and poverty rates, especially in third-world countries.”

Global warming has brought highly disastrous natural calamities in 2022. On June 21, Afghanistan experienced a magnitude-5.9 earthquake, the country’s deadliest natural disasters in decades, which took 1,036 lives, according to the United Nations. In Pakistan, the record-breaking flood from June to October 2022 killed 1,739 people.

“Government agencies will enforce more stringent rules for businesses in 2023 in an attempt to reduce extreme weather events. Businesses must comply with environmental laws relating to sustainable raw supply procurement, logistics, digital payment processing, digitization, and other means to help reduce carbon emissions, save paper, and protect mother earth.”, Tabak added.

Healthcare Jobs Will Provide Greener Pasture

There will be a higher demand for medical workers, such as doctors and nurses, in 2023. In the United States, legislation was passed to grant 40,000 immigrant medical workers permanent residency to address doctor shortages.

The nursing workforce shortage is an ongoing problem. For this reason, western countries offer more competitive salaries and benefits to nurses and less strict work visa requirements. This opens more jobs for nursing graduates, especially from developing countries such as Mexico, Jamaica, India, and the Philippines.

Indeed, industry leaders have great insights about the top business and employment opportunities in 2023. Technology jobs will be more in-demand and provide companies with new business markets and models to explore, upholding hard work, patience, agility, and sustainable practices. Business challenges may change or grow, but enterprise leaders have a positive mindset that the next year will bring them more benefits for the new year.

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