167 Accountants in the Seams of Technology (feat. Liz Wilke) | #Economics

Episode 167

FACULTY: Liz Wilke, PhD

CLASS: #Economics

TITLE: Accountants in the Seams of Technology

In this podcast episode, Scott interviews Dr. Liz Wilke, the Principal Economist at Gusto. They discuss a wide range of topics related to the economy, labor market, hiring practices, and the impact of artificial intelligence on the workforce. Liz provides valuable insights into consumer spending metrics and also offers advice for accountants. The episode concludes with a discussion about the advantages of offering 401k's.

• Introducing Liz Wilke, PhD

• Data available to Gusto and its significance for accountants and small businesses

• Discussion of "Economy Explained"

• A look at the current state of the economy

• Discussion of the current labor market, its dynamics, and challenges

• Scott and Dr. Wilke discuss international hiring strategies

• Liz explains dissecting jobs as a way to adapt to changing economic conditions

• The impact of Artificial Intelligence on jobs and the workforce

• Scott and Dr. Wilke delve into various industries' struggle to find qualified employees

• Changes in tipping practices and their economic implications are explored

• Metrics on consumer spending are presented

• Liz offers valuable advice for accountants on what to look out for in the current economic landscape

• Finally, the advantages of offering 401k's are discussed, emphasizing their significance for businesses and employees alike

Shout Outs:

Gusto, Zapier, Scaling New Heights, Karbon, Square, Toast