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Page 29 - தேசிய கூட்டமைப்பு ஆஃப் சுயாதீனமான வணிகங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amid worker shortages, businesses face double whammy of rising costs and wage pressure

Amid worker shortages, businesses face double whammy of rising costs and wage pressure Martha C. White © Provided by NBC News Steering an economy as diverse as that of the United States back onto a path of sustainable growth was bound to mean hitting a few potholes along the way. Analysts say the political blame game over unemployment insurance and price pressures misidentifies the real culprits creating asymmetries in the economic recovery. In a labor market with a record-high number of job openings, businesses say they want to hire but can’t find workers. Labor Department data released Tuesday found that the number of open jobs hit a record 8.1 million in March on an increase of nearly 600,000 from the previous month. Jobs website Indeed.com found that listings for open positions as of May 7 were 23.4 percent higher than the baseline metric in February 2020, before the pandemic’s effects hit the U.S. economy.

Rick Scott, Marco Rubio hammer Joe Biden as inflation surges

Rick Scott, Marco Rubio hammer Joe Biden as inflation surges Marco Rubio and Rick Scott. Image via AP. Prices are on the rise, and so is heated rhetoric from Florida’s two Republican U.S. Senators. Rick Scott and Marco Rubio blasted the White House Wednesday, in the wake of more evidence that the cost of living continues to increase early in the  Joe Biden administration. Scott, who has continually drawn the connection between generous relief packages and the dilution of the dollar’s purchasing power, struck familiar tones, with new data in validation. “President Biden’s silence on inflation is deafening and his lack of leadership in the face of this serious threat is hurting people every day. Every increase in food, gas and household good prices, even increases of just a few cents, negatively impact families, especially low income families and those on fixed incomes. For our nation’s poorest families, like mine growing up, rising prices are devastating I know b

NY to set workplace safety standards for airborne diseases

NY to set workplace safety standards for airborne diseases This Tuesday, Oct. 29, 2019, photo taken at the law firm of Slater, Slater and Schulman, shows lawyers Linc Leder, top left, and Michael Werner, top right, in their offices, while paralegals work in their cubicles, in Melville, N.Y. | Photo: AP Photo / Bebeto Matthews. AP Created: May 12, 2021 01:26 PM ALBANY, N.Y. (AP) State regulators in New York will soon draft rules that will require employers to protect workers from airborne infectious disease. A new state law tasks state labor and health officials with coming up with minimum workplace standards around things like the availability of personal protective equipment, social distancing and quarantine requirements. Gov. Andrew Cuomo signed the bill into law last week.

NY HERO Act requires workplace protections against airborne diseases

Business groups call on state to halt enhanced unemployment benefits amid worker shortage

Baton Rouge / louisianaradionetwork.com May 10, 2021 | 4:53 PM Frustrated over labor shortages several members of the Louisiana chapter of the National Federation of Independent Businesses want the state to ween recipients off federally enhanced unemployment benefits and direct the money elsewhere, like incentives for people to get back to work.  Louisiana NFIB Director Dawn McVea said labor shortages are impeding recovery for many businesses. “The need for qualified workers is 44% and it has been for the past three months, and it’s never that high. That is twice as high as it usually is,” said McVea. McVea said they are looking to propose a measure like Montana, which enacted a hiring bonus of $1,200 and elimination of federal enhancements to unemployment benefits.

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