36th Annual Survey of Corporate Executives Commentary: Labor Costs and Availability Go Hand in Hand
The pandemic shook up what workers want and expect from a job.
Q1 2022
The most interesting result on the combined ratings of factors, would be the top two of labor costs and availability of skilled labor. To me, those go “hand in hand.” A recent jobs report shows an increase in the numbers of workers returning to work, but payroll sums are still more than five million shy of pre-pandemic levels. The pandemic shook up what workers want and expect from a job.
Lastly, the most overlooked site selection factor would be quality of life (tied for 11th). This will continue to rise, as it not just about what to do in the region, but other factors to look at are healthcare availability and affordability, educational institutions, infrastructure, crime and corrections, and the natural environment. Quality of life may have a minimal impact early in the site selection process, but a major impact in the final short-list stage.
Project Announcements
Australia-Based Aquatic Leisure Technologies Group Plans Opp, Alabama, Manufacturing Operations
12/11/2025
Teradyne Plans Wixom, Michigan, Robotics Operations
12/11/2025
Robinson Plans Altoona, Iowa, Manufacturing Operations
12/11/2025
BioTouch Expands Columbus, Georgia, Operations
12/11/2025
Natrion Plans Erie County, New York, Battery Components Operations
12/11/2025
Czech-Based GZ PrintPak Expands Mount Pleasant, Wisconsin, Manufacturing Operations
12/11/2025
Most Read
-
The Workforce Bottleneck in America’s Manufacturing Revival
Q4 2025
-
Rethinking Local Governments Through Consolidation and Choice
Q3 2025
-
First Person: Filter King’s Expansion Playbook
Q3 2025
-
Lead with Facts, Land the Deal
Q3 2025
-
How Canada Stays Competitive
Q3 2025
-
Investors Seek Shelter in Food-Focused Real Estate
Q3 2025
-
America’s Aerospace Reboot
Q3 2025