![]() ![]() ![]() Park said that she believes a few factors are playing into why it has been so hard to find new employees, with one of them being that many workers, especially women, are having to stay home to take care of children. "It takes a lot of time to look for people, a lot of time and money to train them, do background checks, and really show them how to do this job," Park said. She also hired someone who worked for roughly two weeks but then tested positive for Covid-19 and stepped away following that, and she has had several applicants just not show up for scheduled interviews. While she hired someone from that process, that person just quit three weeks after starting without notice, leaving her back at the starting point. Jennifer Park, the owner of WearEver Jewelry in Alexandria, Virginia, said that she has not only been challenged to find qualified employees but to keep those she hires as well.Īfter an employee left her role to take care of her child in July, Park said she posted a job listing on SimpleHired, which garnered her just 21 applicants over a two-month period. The latest data from NFIB's monthly jobs report in February showed 22% of small business owners reporting that labor quality was their top business problem, and the percentage who cited labor costs as the top business problem remained near a recent 48-year record high. Wronski said that while there has been an influx of newly eligible workers looking for new jobs amid the 'Great Resignation,' "it hasn't gotten easier for small businesses to hire." Twenty-nine percent of small business owners also said that they have positions that have been open for at least three months that they've been unable to fill, and 77% of the small businesses with more than 50 employees saying that they expect turnover to likely be a problem for their business six months from now. That was responsible for almost all of the job gains tracked by ADP, while companies with fewer than 50 employees recorded a loss of 96,000 employees during the month.įifty-two percent of all small business owners said that it has gotten harder to find qualified people to hire compared to a year ago, according to a recent CNBC/SurveyMonkey Small Business Survey covering the first quarter of 2022. In February, companies with 500 or more workers added 552,000 positions, according to ADP's private payrolls report from earlier this week. Main Street is one area where this labor struggle remains. With the bounce back, the job market is about one million (1.14 million) employed workers short of where it was pre-pandemic, but there is still a large gap in filling open positions, which stood at over 10 million at the end of last year. Personal Loans for 670 Credit Score or LowerĪcross 2021, 6.665 million jobs were added in the U.S., a figure noted by President Joe Biden in this week's State of the Union address as the largest single-year gain in American history. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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