Party City CEO: Skilled Labor Costing 15-20% More

The transcript discusses the hiring of 35,000 temporary employees for the holiday season, highlighting the availability of labor across the country. It addresses challenges in hiring skilled labor and the impact of wage increases. The role of automation in reducing labor needs is examined, with examples from the US and China. Retail market trends and their impact on hiring are analyzed, and the potential effects of political changes on business expansion into Mexico are considered.

What is the significance of the upcoming Halloween season for the business discussed?

How does the company plan to approach the market in Mexico, and what opportunities do they see?