In a Site Selection Magazine article, Managing Director Tracey Hyatt Bosman shares her outlook for 2025's greatest workforce challenges:
A Silver Tsunami is Coming
Tracey Hyatt Bosman, managing director at location advisory firm Biggins Lacy Shapiro & Co., says that while some job markets around the U.S. have softened, there is still room for improvement. “In most markets, it’s easier to find workers now than it was two years ago,” she says. “But it’s still not easy, and it’s not forecast to get easier in the next few years. Further, companies don’t just need workers; they need workers with the right skills. This will continue the pressure on companies to consider automation as a potential response. It also puts pressure on communities to consider talent attraction, upskilling and training strategies.”
Tracey Hyatt Bosman develops and executes incentives and location selection strategies for BLS & Co.'s corporate and institutional clients. She is a certified economic developer with twenty years of professional experience across a wide range of sectors, including data centers, manufacturing, headquarters, back office and contact center operations, and logistics.