Unlocking Labor Analytics

There are few subjects about which more ink has been spilled in the last three years than the state of the U.S. workforce. From the impact of business shutdowns and enhanced unemployment benefits on labor participation, to pent-up challenges bringing critical supply chain workers to the verge of major strikes, and the more recent “quiet quitting” trend impacting even the most progressive office environments — HR and executive teams tasked with selecting new company locations are faced with more complexity than ever before. Even in the face of such fast-changing dynamics, growing companies must still plan for a stable workforce, separating the short-term impacts from the long-term realities, and compare potential communities accordingly.

While none of us has a crystal ball, there are proven methods to evaluate and measure a community’s workforce “fit” for a specific project. In this evaluation, it is important to look not only at the data, but also at the qualitative factors that are specific to each market to ensure you can recruit competitively and retain the workforce needed to be successful.

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