---
title: "Nightly Business Report: State of the Labor Market"
url: https://burnaze.com/article/8b58fbba-0c81-45b2-905a-96ad62ad6278
source: "1851 Franchise"
original_url: https://1851franchise.com/twomenandatruck/nightly-business-report-state-of-the-labor-market-2704004
category: "General"
topics: ["Operations"]
published: 2017-09-05T20:15:24.000Z
modified: 2026-11-01T02:32:30.208Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/72925b5045d5c399c68a2a9723b8d7057535.jpg
---

# Nightly Business Report: State of the Labor Market

**TL;DR:** The solid economy in 2017 has led to a tight labor market, creating challenges for growing franchise brands like TWO MEN AND A TRUCK. TWO MEN AND A TRUCK is hiring and introducing alternative methods to deliver services, such as the Value Flex interstate program, to combat the labor market challenges.

*originally published in 1851 Franchise on 2017-09-05. [Read the original](https://1851franchise.com/twomenandatruck/nightly-business-report-state-of-the-labor-market-2704004).*

## Story

The economy has remained solid in 2017, continuing momentum from the last few previous years and that has led to an unemployment rate that's stuck right around four percent. This can create challenges for growing franchise brands like Michigan-based TWO MEN AND A TRUCK when it comes to attracting and retaining good employees, and was the topic of a recent segment on Nightly Business Report produced by CNBC.

"We are absolutely hiring," Nobis told NBR. "We are identifying the great people in this country who will do the work. But at the same time for us to grow, we know that because of the tight labor market we need to find alternative ways to deliver that same service and we are introducing those methods to the country through things like our Value Flex interstate program."

Nobis added that the company has found ways to incentivize employees in order to retain the great workers already in the system

## Entities

- 1851 Franchise (publication)
- franchise growth (topic)
- General (sector)
- employee retention (topic)
- labor market (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/twomenandatruck/nightly-business-report-state-of-the-labor-market-2704004). Summarized by Burnaze (https://burnaze.com/article/8b58fbba-0c81-45b2-905a-96ad62ad6278).