The labor market isn't great right now, but logistics continues to be a bright spot, according, Steven Hussain, director of Community Workforce at Prologis, a global logistics REIT that handles more than $2 trillion of goods a year.
"What we've seen through the pandemic has just accelerated growth," Hussian said on CBRE's The Weekly Take podcast. "And, in many of our customers the need for talent has grown. And despite high unemployment numbers, the availability of that labor just hasn't changed much."
While automation may seem like an obvious answer to these labor issues, that isn't always the case.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
