sdertye4tyrtyh Worst Worker Shortage Ever

[Free21]

Hiring surged again in April, but a record number of U.S. small firms were unable to find workers to fill their available positions. That’s according to the latest monthly employment report from the National Federation of Independent Business, due out later today.

“Strong job growth continued for small businesses in April. Firms increased employment by 0.31 workers per firm on average over the past few months,” says NFIB Chief Economist William Dunkelberg.

That’s the good news. The bad news for small companies is that between the competition from larger firms, supplemental unemployment benefits that discourage work, remote schooling that keeps parents at home and the lingering impact of the virus itself, it’s become nearly impossible for many employers to attract enough workers. Mr. Dunkelberg reports:

Forty-four percent (seasonally adjusted) of all owners reported job openings they could not fill in the current period, up 2 points from March. Unfilled job openings continue to mount as April is the third consecutive month setting a record high reading of unfilled job openings. April’s reading is 22 points higher than the 48-year historical average of 22 percent.
Overall, 59 percent reported hiring or trying to hire in April, up 3 points from March. Owners have plans to fill open positions, with a seasonally adjusted net 21 percent planning to create new jobs in the next three months, down 1 point from March. Many will be unsuccessful in this tight labor market, having to delay hiring or raising wage offers.
Speaking of rising wages, here’s the best news for workers in this NFIB reading on the tightest of labor markets

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