Record Number of Small Businesses Can’t Find Workers: Report
A record number of small businesses couldn’t find enough workers to hire in April, according to a new report from the largest small-business lobby group in the United States, reinforcing concerns that the pandemic-related federal unemployment boost may be sidelining workers and hurting economic growth.
The National Federation of Independent Business (NFIB) said in its May 11 report (pdf) that 44 percent of all small-business owners reported job openings they could not fill in April, up two points from March and a record high. April’s reading is 22 points higher than the 48-year historical average of 22 percent and is the third consecutive month of growth in unfilled job openings.
Citing labor shortage, US states end pandemic jobless benefits kuwaittimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuwaittimes.net Daily Mail and Mail on Sunday newspapers.
WASHINGTON
U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses trying to find new workers as the country emerges from the pandemic and the economy expands.
Yet total job gains increased only modestly, according to a Labor Department report issued Tuesday, known as the Job Openings and Labor Turnover Survey, or JOLTS. The figures follow an April jobs report last week that was far weaker than expected, largely because companies appear unable to find the workers they need, even with the unemployment rate elevated at 6.1%.
Job openings rose nearly 8%, to 8.1 million in March, the most on records dating to December 2000, the government said. Yet overall hiring that month rose less than 4% to 6 million. The hiring number is a gross figure, while the government’s jobs report which said 770,000 jobs were added in March uses a net total.
North Dakota to nix federal pandemic unemployment benefits, citing workforce shortage
The move means residents who have claimed unemployment for longer than 20 weeks will be kicked off benefits, and those who continue to successfully claim unemployment will no longer receive a weekly add-on benefit of $300 to $400. Written By: Jeremy Turley | ×
The Fargo office of Job Service North Dakota at 1350 32nd St. S. Forum file photo
BISMARCK North Dakota will stop offering federal pandemic unemployment benefits to residents on June 19, citing a statewide workforce shortage.
Republican Gov. Doug Burgum announced Monday, May 10, the state will pull out of four federally provided programs that offer extra compensation and longer eligibility to unemployed North Dakotans.
Citing workforce shortage, North Dakota to nix federal pandemic unemployment benefits
The move means residents who have claimed unemployment for longer than 20 weeks will be kicked off benefits, and those who continue to successfully claim unemployment will no longer receive a weekly add-on benefit of $300 to $400. Written By: Jeremy Turley | ×
Quick brief if you re short on time:
North Dakotans no longer able to get federal pandemic unemployment benefits come June 19
Residents who have claimed unemployment for longer than 20 weeks will be kicked off
The $300 to $400 add on benefit is also going away
Special program providing benefits to gig workers, self-employed and part-time workers ending