In this episode, co-host Bill Condon and Matt McGregor sit down with Bret Swango, Senior Vice President and Head of Location Intelligence and Workforce Analytics at Colliers. Bret, who is known for his expertise in the current state of the labor market, shares valuable insights into the macro factors impacting the industrial sector. They explore how political, environmental, technological, and demographic factors are shaping labor markets both nationally and globally. They discuss the challenges of the labor shortage in the US and how it is influencing location selections for large users. Additionally, they delve into China's strategies in tapping into labor pools, especially in Africa, as they face their own demographic challenges. They also explore the best and worst areas for labor in the US, touching on the impact of automation and technology in manufacturing and distribution. Lastly, they analyze the return to the office and the future of hybrid work models. Join the Industrial Advisors for an in-depth discussion on the critical topic of labor in today's rapidly changing industrial landscape. Bret Swango, CFA Senior Vice President | Head of Location Intelligence & Workforce Analytics Founding Member of Colliers Economic Incentives Practice Occupier Services | AmericasBret.swango@colliers.com Key Moments: [00:00:35] Introduction [00:01:34] macro factors impacting the industrial sector overall [00:05:22] What happened to the US labor market? [00:09:22] Discussion on China's interest in Africa as a labor pool and resource-rich region. [00:12:07] The impact of China's influence in Mexico and the benefits of Mexico's labor market for manufacturing. [00:16:07] Discussion on the best and worst areas in the US for labor in manufacturing and distribution. [00:21:12] The role of automation and technology in manufacturing and distribution to address the labor shortage. [00:23:00] The impact of the return to the office and the hybrid model on the labor market. [00:24:44] Conclusion of the podcast with Bill Condon coaching baseball in the state playoffs About the Industrial Advisors The Industrial Advisors podcast is a leading source of insights and analysis on the industrial real estate market. Hosted by Bill Condon and Matt McGregor, the podcast features interviews with industry experts, thought leaders, and decision-makers. The Industrial Advisors podcast is a must-listen for anyone who wants to stay ahead of the curve in the industrial real estate market. Subscribe today and never miss an episode!