Readers Respond: Impact of tight labor
With the unemployment rate hovering just above an historically low 4%, the tight labor market is infiltrating human resources departments around the industry.
The current HBSDealer poll question finds dramatic solidarity behind the idea that the tight labor market is either directly or indirectly affecting business. HBSDealer specifically asked: “How is your business affected by the tight labor market?”
More than 50 respondents generated the following breakdown:
• 63%, “Directly. It’s hard to find good employees”
• 6%, “Indirectly. A slow construction industry hurts sales”
• 19% “Directly AND indirectly”
• 13% “What tight labor market?”
The poll remains open. Take the poll here, or tell us your opinion about the challenge of hiring in today’s market here.
The current HBSDealer poll question finds dramatic solidarity behind the idea that the tight labor market is either directly or indirectly affecting business. HBSDealer specifically asked: “How is your business affected by the tight labor market?”
More than 50 respondents generated the following breakdown:
• 63%, “Directly. It’s hard to find good employees”
• 6%, “Indirectly. A slow construction industry hurts sales”
• 19% “Directly AND indirectly”
• 13% “What tight labor market?”
The poll remains open. Take the poll here, or tell us your opinion about the challenge of hiring in today’s market here.