AFMC - Business Profit Opportunities In The Tight Labor Market

2024-04-13 02:10:00 ET

Summary

• Every change in the economic environment presents profit opportunities as well as problems.
• If a product or a customer often triggers a work slowdown, the company may be better off shedding that line rather than continuing to put up with slowdowns.
• Businesses will profit by evaluating whether labor-intensive activities are valued by the customer.

Every change in the economic environment presents profit opportunities as well as problems. The persistent tightness in the labor market , which will last through 2030, will mostly challenge companies, but some businesses will gain market share and profits....

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