Skills and labour shortages have reached 'crisis point for many firms.'
That's according to the Chamber of Commerce, who has written an open letter to the government due to rising costs.
Members say the impact is forcing some to turn away new business because they don't have the human resources.
Chamber wants more to be done to encourage people back into the workforce, and a 'dialling down' on immigration policy.
Sign-ups open for Celtic business conference
Hundreds of new entries in landmark Russian sanctions package
Recruitment events for coach and taxi drivers this week
FSA launches review into counter-terrorism compliance
Wins for Island tradespeople in skills contest
Coffee shop premises up for sale
More time to enter Manx Menu competition
Island's evidence used in MONEYVAL report on virtual assets