Harley Lippman speaks on job seekers and the slowing economy

Harley LippmanAug 02, 2022< 1 min read

Genesis10’s CEO Harley Lippman Speaks Out on the Economy

Second-quarter GDP numbers are out. In the past three months, the U.S. economy contracted by 0.9%. That’s after shrinking by 1.6% in the first quarter. Still Fed Chairman Jerome Powell points to the labor market as a source of economic strength: Since the first of the year, employers hired 2.7 million people, he says.

What do the new GDP numbers mean for job seekers?

“Because of the weakening economy, job seekers are going to be more reticent about quitting and going to another job,” says Harley Lippman, CEO at Genesis10 in an interview with One America News. “As we all know, there have been a lot of resignations, a lot of people have changed jobs since the start of the pandemic. Now, they’re going to be more concerned about job security.”

Genesis10 CEO Harley Lippman was recently recognized as a Best CEO for Diversity and a Best CEO for Women by Business Insider. Staffing Industry Analysts consistently recognizes Genesis10 as a Top IT Staffing Firm.

Harley Lippman

Harley Lippman is the founder and CEO of Genesis10, a national technology talent and delivery partner. Since founding the company in 1999, he has grown Genesis10 into one of the largest privately held IT workforce solutions firms in the United States. Prior to Genesis10, Harley founded Triad Data Inc., an IT consulting firm he successfully built and later sold.

Harley serves on the boards and advisory councils of organizations including Yale University’s School of Management, Columbia University’s School of International and Public Affairs, the Brookings Institution, The Washington Institute and the Middle East Forum. He also serves on the U.S. Agency for International Development’s Partnership for Peace Advisory Board and previously served on the U.S. Commission for the Preservation of America’s Heritage Abroad through presidential appointment and Senate confirmation.

A committed philanthropist, Harley supports an orphanage in Cambodia and has led efforts to identify and memorialize unmarked Holocaust mass graves in Eastern Europe. His documentary, Safeguarding Memory, aired on PBS and received multiple awards for its impact and storytelling.