Small Businesses Looking To Hire But Struggling To Find Employees

Small Businesses Looking To Hire But Struggling To Find Employees

By: Multi-Unit Franchisee | 5,215 Reads | 14 Shares

Small Businesses Looking To Hire But Struggling To Find Employees

%3Cp%3EThere%26rsquo%3Bs+good+news+and+bad+news+for+small+business+operators%2C+according+to+%3Ca+href%3D%22https%3A%2F%2Fwww.nfib.com%2Ffoundations%2Fresearch-center%2Fmonthly-reports%2Fjobs-report%2F%22+target%3D%22_blank%22+rel%3D%22noopener%22%3ENFIB%26rsquo%3Bs+monthly+jobs+report%3C%2Fa%3E.+More+than+half+%2856%25%29+of+small+business+owners+reported+trying+to+hire+in+February%2C+an+increase+of+five+points+from+January.+But+ninety-one+percent+of+those+trying+to+hire+reported+few+or+no+%26ldquo%3Bqualified%26rdquo%3B+applicants+for+their+open+positions%2C+a+figure+up+five+points+in+February.+Still%2C+the+report+says%2C+a+net+18%25+of+owners+reported+they+are+planning+to+create+new+jobs+in+the+next+three+months.%3C%2Fp%3E%0D%0A%3Cp%3E%26ldquo%3BThe+Covid-19+pandemic+continues+to+disrupt+the+labor+market%2C+especially+when+some+parts+of+Main+Street+are+still+closed+or+restricted+due+to+state+and+local+mandates%2C%26rdquo%3B+said%26nbsp%3BNFIB+Chief+Economist+Bill+Dunkelberg.+%26ldquo%3BIt+is+important+that+elected+officials+keep+their+attention+on+the+small+business+economic+recovery+and+ensure+those+small+businesses+are+getting+the+help+they+need.%26rdquo%3B%3C%2Fp%3E%0D%0A%3Cp%3EOther+findings+from+the+report%3A%3C%2Fp%3E%0D%0A%3Cul%3E%0D%0A%3Cli%3ESmall+businesses+increased+employment+by+0.34+workers+per+firm+on+average+over+the+past+few+months%2C+following+good+readings+in+December+and+January.%26nbsp%3B%3C%2Fli%3E%0D%0A%3Cli%3EForty+percent+of+owners+reported+job+openings+they+could+not+fill+in+the+current+period%2C+up+seven+points+from+last+month.%3C%2Fli%3E%0D%0A%3Cli%3EThirty-three+percent+of+businesses+have+openings+for+skilled+workers+%28up+five+points%29+and+16%25+have+openings+for+unskilled+labor+%28up+four+points%29.%3C%2Fli%3E%0D%0A%3Cli%3ETwenty-six+percent+of+owners+reported+few+qualified+applicants+for+their+open+positions+%28unchanged%29+and+25%25+reported+none+%28up+five+points%29.%3C%2Fli%3E%0D%0A%3C%2Ful%3E%0D%0A%3Cp%3E%3Ca+href%3D%22https%3A%2F%2Fwww.nfib.com%2Ffoundations%2Fresearch-center%2Fmonthly-reports%2Fjobs-report%2F%22+target%3D%22_blank%22+rel%3D%22noopener%22%3EClick+here+to+view+the+entire+NFIB+Jobs+Report%3C%2Fa%3E.%3C%2Fp%3E
Published: March 9th, 2021

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