--- title: "Navigating a Tight Labor Market: Trends and Strategies — Quire" description: The labor shortage is hitting hard, with 85% of contractors struggling to fill positions. Learn how this impacts projects and industries-download the MarketWatch now to learn more. image: https://info.openquire.com/hubfs/Imported_Blog_Media/Quire-Social-Graphics-2023-2.png --- [Skip to content](https://info.openquire.com/blog/navigating-a-tight-labor-market-trends-and-strategies#main-content) [![Quire-Logo-Wordmark-Yellow](https://info.openquire.com/hs-fs/hubfs/Quire%20Logos/Quire-Logo-Wordmark-Yellow.png?width=175&height=32&name=Quire-Logo-Wordmark-Yellow.png "Quire-Logo-Wordmark-Yellow")](https://openquire.com) [![Quire-Logo-Wordmark-Navy](https://info.openquire.com/hs-fs/hubfs/Quire%20Logos/Quire-Logo-Wordmark-Navy.png?width=175&height=32&name=Quire-Logo-Wordmark-Navy.png "Quire-Logo-Wordmark-Navy")](https://openquire.com) - [TRM Platform](https://openquire.com/trm-platform/) - Knowledge Management Show submenu for Knowledge Management - [AI Search & Chat](https://info.openquire.com/quire-ai) - [Lazarus Intelligence Engine](https://info.openquire.com/ai-lazarus) - [Industries](https://openquire.com/industries/) - [Resources](https://openquire.com/resources/) - [About](https://openquire.com/who-we-are/) [Request a Demo Click to view Request a Demo](https://openquire.com/contact-us) Close Click to close - [TRM Platform](https://openquire.com/trm-platform/) - Knowledge Management Show submenu for Knowledge Management - [AI Search & Chat](https://info.openquire.com/quire-ai) - [Lazarus Intelligence Engine](https://info.openquire.com/ai-lazarus) - [Industries](https://openquire.com/industries/) - [Resources](https://openquire.com/resources/) - [About](https://openquire.com/who-we-are/) [Request a Demo Click to view Request a Demo](https://openquire.com/contact-us) ![Navigating a Tight Labor Market: Trends and Strategies](https://info.openquire.com/hubfs/Imported_Blog_Media/Quire-Social-Graphics-2023-2.png) [By amanda Written by amanda](https://info.openquire.com/blog/author/amanda) 1 Min Read # Navigating a Tight Labor Market: Trends and Strategies For years, Quire has analyzed tens of thousands of Reports from dozens of market lines generated all around the world.... [MarketWatch MarketWatch](https://info.openquire.com/blog/tag/marketwatch) *For years, Quire has analyzed tens of thousands of Reports from dozens of market lines generated all around the world. As Quire works to provide productivity-enhancing solutions for Clients, we’re fully embedded in Technical Report Writing, enriching our understanding of the industry and our Clients’ workflows. We’ve created MarketWatch as a way to share industry trends and insightful takeaways with report-writing professionals both in and outside the Quire solution.* --- ## The Shortage of Available Labor The labor market is currently experiencing unprecedented challenges, with a shortage of skilled workers hampering businesses’ efforts to fill open positions across various industries. A recent survey by the Associated General Contractors of America (AGC) and Autodesk highlights the severity of this issue. The survey found that a staggering 85% of the 1,400 contractors who responded had open craft positions, and 88% of them reported having a “hard time” filling these positions. According to an October 2022 Harvard Business Review article, while 90% of businesses feared they were facing future skills gaps, only 16% thought they were in a position to fill them.   The most significant obstacle cited by employers is the lack of qualified candidates, affecting a shocking 68% of firms struggling to fill openings. This situation is exacerbated by supply chain disruptions, which have made it challenging to get materials on time and have driven up material costs. As a result, 61% of the surveyed firms reported experiencing project delays due to worker shortages. **Download the MarketWatch to learn more** [Previous Post Previous Post](https://info.openquire.com/blog/proven-ways-to-optimize-and-improve-your-field-data-collection) Proven Ways to Optimize and Improve Your Field Data Collection ![Proven Ways to Optimize and Improve Your Field Data Collection](https://info.openquire.com/hubfs/Imported_Blog_Media/Quire-Social-Graphics-2023-27.png) [Next Post Next Post](https://info.openquire.com/blog/celebrating-success-quires-kelly-l-stratton-named-a-dealmaker-of-the-year) Celebrating Success: Quire’s Kelly L. Stratton Named A Dealmaker of the Year ![Celebrating Success: Quire’s Kelly L. 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