According to NFIB’s monthly jobs report , 57 percent of owners reported hiring or trying to hire in January, up two points. Of those hiring or trying to hire, 91 percent of owners reported few or no qualified applicants for the positions they were trying to fill. Twenty-seven percent of owners reported few qualified applicants for their open positions and 25 percent reported none. “The labor shortage continues to be a major concern for small businesses in the New Year as nearly all owners trying to hire are reporting no or few qualified applicants,” said NFIB Chief Economist Bill Dunkelberg. “Small businesses’ sales opportunities are limited because of the staffing shortage but owners continue to make changes in business operations to compensate.” State-specific data is not available, but NFIB State Director Rosemary Elebash said: “The Alabama unemployment rate remains at record lows with the December rate at 2.8 percent. Hiring employees across all business entities remains a challenge for business owners. The lingering problem is the Alabama labor force participation rate of 56.8 percent, well below the national average of 62 percent. Forty-three percent of Alabamians ages 16-64 are not participating in the Alabama labor force. Our members are […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
