A UNC Kenan-Flagler professor doesn’t foresee long-term effects from the failure of Silicon Valley Bank, given that other banks and financing companies can step in to replace SVB as an issuer of venture debt.

From quiet quitting to the Great Resignation, the COVID-19 pandemic has driven massive shifts in what workers expect from their jobs. The corporate demand for talent has evolved to reflect new markets and the need for different worker profiles, while many employees across the globe have discovered the benefits of remote work – altering their views toward existing employers as well as their desires for future careers. These changes – combined with an overheated economy – have generated massive dislocation characterized by a severe labor shortage and skills mismatch. So, where does the world’s workforce go from here?