The Wall Street Journal
15 September 2015
“Early warning signs of people not being able to get enough labor are really starting to shine through,” Frank Layo, retail strategist at Kurt Salmon, shares with The Wall Street Journal, when discussing the labor shortage occurring among retailers. Layo notes that as companies sweeten their offers, it has become much harder to retain seasonal workers. He mentions how a growing number of retailers are having workers lured away by competitors offering a shorter commute or higher wages. This has forced those retailers to raise wages or pay mileage bonuses.