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N J has hiring crisis: Here are some ways to address it

The headlines have been nothing short of glaring. A family-owned delicatessen with 10 years under its belt announces it is closing because it can no longer find staff. Michele Siekerka. (File photo) Restaurant owners needing to offer finders fees and other incentives to current workers in order to bring in reliable future workers. Welcome to New Jersey’s great hiring challenge the result of a perfect storm, which includes: Continued unemployment and stimulus payments causing many people to pass on work opportunities to instead collect an unemployment check; A lack of child care availability, with schools still not fully open in many areas and child care center license restrictions limiting capacity;

State, local officials respond to Vermont Bread closing

Don t miss the big stories. Like us on Facebook.   BRATTLEBORO — State and local officials are mobilizing efforts to stave off the negative impact of Koffee Kup’s decision to shutter its Vermont operations, including the closure of its Brattleboro subsidiary, Vermont Bread Company, that eliminated more than 90 local jobs. The closures were announced suddenly on Monday. According to a Tuesday news release from Dorset Partners, which specializes in “turnaround management and acquisitions,” Koffee Kup had been struggling to make ends meet for the past four years. “For each of the last four years Koffee Kup has suffered substantial financial losses and was unable to find a way out of their troubles,” states the news release, which came from Jeff Sands, a “turnaround” specialist at Dorset Partners and the senior advisor in North America for American Industrial Acquisition Corporation, which acquired a majority of the shares of Koffee Kup on A

Four years of losses led to Vermont Bread closure

Don t miss the big stories. Like us on Facebook.   BRATTLEBORO — State and local officials are mobilizing efforts to stave off the negative impact of Koffee Kup’s decision to shutter its Vermont operations, including the closure of its Brattleboro subsidiary, Vermont Bread Company, that eliminated more than 90 local jobs. The closures were announced suddenly on Monday. According to a Tuesday news release from Dorset Partners, which specializes in “turnaround management and acquisitions,” Koffee Kup had been struggling to make ends meet for the past four years. “For each of the last four years Koffee Kup has suffered substantial financial losses and was unable to find a way out of their troubles,” states the news release, which came from Jeff Sands, a “turnaround” specialist at Dorset Partners and the senior advisor in North America for American Industrial Acquisition Corporation, which acquired a majority of the shares of Koffee Kup on A

Statement from Labor Commissioner Harrington on Koffee Kup/Vermont Bread closure

Vermont Business Magazine Vermont Department of Labor Commissioner Michael Harrington today issued the following statement: “On Monday April 26, 2021, the Vermont Department of Labor received formal notification from Koffee Kup Bakery (KKB), in the form of a Notice of Potential Layoff (also referred to as a WARN Notice), that the company was ceasing operations at its Burlington and Brattleboro facilities effective immediately. In an effort to immediately support the roughly 250 Vermonters who have lost their jobs, our Workforce Development and Unemployment Insurance divisions have begun the process of coordinating Rapid Response services. Additionally, a number of employers across the state have contacted the Department of Labor interested in hiring individuals who were impacted by this closure.

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