How is the blue-collar labor market?

by a searcher from The University of Michigan - Stephen M. Ross School of Business

1 year ago

Does anyone own or is seeking to own a business with a blue-collar workforce? 
How do you see the labor market? I hear it is tough to find workers, is that true?
How do you manage business growth in a challenging labor market?

I'm looking into a business where the owner admits his biggest challenge is finding reliable employees.

Should I avoid a business that can grow, and needs to grow, but is limited by the labor market?

1 like
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11 comments

searcher from Indiana University, Bloomington/Indianapolis - Kelley School of Business

I recently spoke with an owner of a landscaping company who mentioned labor as his biggest pain point. He said he believes that Companies who can keep a reliable workforce in tact have a competetive advantage. Of course, this is only one data point, but I believe someone (lawn and landscape or landscape management) puts out a report that does a good job of asking landscape owners numerous questions and if i recall biggest pain point is a question that is asked. Landscaping is only one of several blue collar industries, but i would imagine some of the others are likely facing labor issues as well.

3 months ago | like reply | 0 likes

searcher from Wilfrid Laurier University

Always need more staff. It's even harder to find good staff in the retail field.

3 months ago | like reply | 0 likes

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