A significant number of small businesses are struggling to hire workers and facing multiple challenges in their recruitment efforts, according to the National Federation of Independent Business (NFIB). Current labor market conditions are very tight, with 51 percent of all small business owners reporting that they could not fill their job openings, a June 14…
Small Business Owners Struggling to Hire in Tight Labor Market
June 20, 2022
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Business & MarketsCompanieseconomyhiring difficultiessmall business challengeU.S. labor marketunemploymentUS
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Over Two-Thirds of Businesses Worldwide Report Hiring Difficulties
A new survey of nearly 45,000 employers in dozens of countries showed that 69 percent of businesses reported having a hard time finding workers, a 15-year high for the second consecutive quarter. The survey, carried out by employment services provider ManpowerGroup, found that over two-thirds of employers in 43 countries said finding skilled talent remains a…
Job Openings Surge to Record High as Firms Struggle to Hire Workers
Job openings in the United States surged to a record high of over 10 million in June, while hiring lagged behind that figure by over 3 million, painting a picture of an economic recovery held back by a labor shortage as businesses struggle to find workers. The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), released…
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