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As Small Businesses Recover From the Pandemic, They Face a New Obstacle: Finding Workers

The reasons vary: Potential workers may be unvaccinated and some working parents continue to face a lack of child care or in-person schooling for their children. Restaurant workers may be hesitant to return to the front line and risk getting Covid-19. Others may have moved out of the area or found a new way to make money. Then there is the extra $300 weekly unemployment insurance, which may also hold people back from taking a job, owners have said. Those explanations are among the ones Matt Glassman, co-owner of The Greyhound Bar & Grill in Los Angeles, heard from former employees who decided not to return when he reopened this week. His two locations have been closed since last June, after Glassman and co-owner Steven Williams contracted Covid and decided it wasn t worth the risk to reopen until vaccines were readily available.

How Wall Street Got Its Groove Back - Investing Daily

Investing Daily Printable PDF Founding father James Madison said: “The circulation of confidence is better than the circulation of money.” As we’re currently seeing, confidence does indeed beget prosperity. As vaccination rates increase and government stimulus checks flow into the economy, indicators point to a robust recovery. One of those indicators is rising confidence, a fragile but powerful force. This earnings season, management teams from all corners of the market are issuing some of the rosiest business forecasts since last year’s coronavirus outbreak. A number of these businesses are deploying their idle cash into capital investment and mergers and acquisitions, laying the groundwork for faster economic growth down the road.

Politics, Inflation Pinch as Small Business Confidence Rises Slower Than Economy

More business owners (34%) describe current business conditions as good, according to the second quarter CNBC|SurveyMonkey Small Business Survey, which saw the Small Business Confidence Index rise from a record low in Q1 of 43 to 45 in the current quarter. But that is still below a score of 50, and a net negative sentiment reading, which first occurred for the five-year-old survey one year ago, in Q2 2020 as the Covid outbreak spread. On May 4, join Shark Tank s Robert Herjavec, Life is Good s Bert Jacobs, Chamber of Commerce s Neil Bradley, 1863 Venture Fund s Melissa Bradley and more for the CNBC Small Business Playbook event, kicking off at 2pmET. Get actionable advice to stage a strong comeback. Register now.

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