newsycanuse

Labor Quality Stalling Small Business Hiring, NFIB Jobs Report Shows

Labor

Published: Apr 9, 2023
by Small Business Editor
In Small Business News
0

Labor quality issues hinder small business growth as owners face ongoing hiring challenges and struggle to capitalize on sales.

Labor quality remains a significant challenge for small business owners, with 23% citing it as their top operating issue, according to the NFIB’s monthly jobs report.

Despite decreasing labor costs, businesses are struggling to capitalize on sales opportunities due to the ongoing labor shortage.

A seasonally adjusted 43% of owners reported unfillable job openings, with 34% seeking skilled workers and 19% looking for unskilled labor.

Plans to create new jobs in the coming three months dipped two points to a net 15%, while 59% of owners attempted to hire in March. Of these, 90% encountered few or no qualified applicants for open positions.

The report shows that 42% of owners raised compensation in March, while 22% plan to do so in the next three months.

With the labor force participation rate still below pre-pandemic levels, small business owners continue to face hurdles in hiring the talent they need to grow.

Get the latest headlines from Small Business Trends. Follow us on Google News.

Ezoic

Read More
Small Business Editor

Latest

Festering

Festering Infections to Untreated Cancer: ICE Detainees Describe Medical Neglect Across US

0
An Albanian man’s pain grew so unbearable, he said, he pulled out his own tooth as he languished for months in a New Mexico immigration detention center. A Honduran mother of two said she was hospitalized for a heart problem after she was denied blood pressure medications while held in Florida. A Venezuelan man said
focused

Focused on Work, Needed at Home: A Federal Caregiving Policy Might Help

0
(Candice Evers for WPLN and KFF Health News) Jill Woodrow reached a tipping point as a caregiver when her mom began struggling to communicate information about her latest doctor appointments. Woodrow’s mother, a uterine cancer survivor, was seeing specialists to get to the bottom of several new, concerning symptoms. “When she would try to tell
digital

How digital platforms and policy shifts reshape GLP-1 affordability

0
🛡️ Just a quick check We’re checking your connection to prevent automated abuse
baffling

Baffling. Frustrating. Frightening. What It’s Like To Be Sued Over Medical Debt.

0
When Christine Wood received a $12,000 bill from Bristol Hospital, she thought it must be a mistake. It was more than she and her husband made in a month combined. “I’m freaking out,” said Wood, who lives in a 1,700-square-foot home in Terryville, a village just outside Bristol, Connecticut. “I don’t understand it.” Wood, 52

Newsletter

Don't miss

Festering

Festering Infections to Untreated Cancer: ICE Detainees Describe Medical Neglect Across US

0
An Albanian man’s pain grew so unbearable, he said, he pulled out his own tooth as he languished for months in a New Mexico immigration detention center. A Honduran mother of two said she was hospitalized for a heart problem after she was denied blood pressure medications while held in Florida. A Venezuelan man said
focused

Focused on Work, Needed at Home: A Federal Caregiving Policy Might Help

0
(Candice Evers for WPLN and KFF Health News) Jill Woodrow reached a tipping point as a caregiver when her mom began struggling to communicate information about her latest doctor appointments. Woodrow’s mother, a uterine cancer survivor, was seeing specialists to get to the bottom of several new, concerning symptoms. “When she would try to tell
digital

How digital platforms and policy shifts reshape GLP-1 affordability

0
🛡️ Just a quick check We’re checking your connection to prevent automated abuse
baffling

Baffling. Frustrating. Frightening. What It’s Like To Be Sued Over Medical Debt.

0
When Christine Wood received a $12,000 bill from Bristol Hospital, she thought it must be a mistake. It was more than she and her husband made in a month combined. “I’m freaking out,” said Wood, who lives in a 1,700-square-foot home in Terryville, a village just outside Bristol, Connecticut. “I don’t understand it.” Wood, 52
Angels

Former Angels Top Prospect Jordyn Adams, 26, Commits To SMU Football

0
The 2018 wide receiver recruiting class was spearheaded by top prospects Amon-Ra St. Brown and Ja’Marr Chase. Both elite talents lived up to the immense hype and have since become All-Pro receivers in the NFL. Lost in that group was the player who sat between Brown and Chase in the rankings — a once highly-touted
newsycanusehttps://newsycanuse.com

Jury acquits 2 business executives of bribing Navy admiral for government contract

A federal jury has acquitted two business executives of charges that they conspired to bribe a retired four-star U.S. Navy admiral, who is now serving a six-year prison sentence for his conviction on corruption charges By MICHAEL KUNZELMAN Associated Press WASHINGTON -- A federal jury has acquitted two business executives of charges that they conspired
Read more

US Business Leaders Optimistic About China Cooperation, Emphasize Importance of Chinese Market

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.
Read more

Tesla’s Business Has Become Much More Diversified in Just the Past Five Years. Does That Make Its Stock a Better Buy Today?

Key Points Tesla's energy generation and storage segment generated 27% revenue growth last year. The company's non-automotive segments were able to help offset a double-digit decline in auto revenue in 2025. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) is known for its electric vehicles (EVs), and while they
Read more