Small businesses struggle to find enough staff as economy rallies after Covid downturn
Jobs in small hospitality businesses slumped 45% (year on year) in April last year, outstripping the 10% fall in employment across small businesses more generally, according to data by Xero. Widespread closures and social distancing measures threw the industry into chaos. But once lockdowns eased, and jobkeeper payments were functioning smoothly, jobs were quickly replaced and over the following 12 months, those lost jobs have been recovered. In fact, the hospitality industry is 3.4% ahead of where it was 12 months ago, with the broader small business sector recording 5.3% jobs year-on-year g...