Small Businesses Struggle to Find Workers

By Staff Writer December 25, 2018

Small business job creation inched up in November, rising to a net addition of 0.19 workers per firm, according to the National Federation of Independent Businesses.

Sixteen percent of owners reported increasing employment an average of 2.9 workers per firm, unchanged from October, and 11 percent reported reducing employment and average of 1.9 workers per firm.

Matching the August 2018 record high and up two points from October, 25 percent of owners cited the difficulty of finding qualified workers as their ‘Single Most Important Business Problem.’ Small business owners continue to report difficulty hiring, with 34 percent of all owners reporting job openings they could not fill in the current period.

Forty-seven percent report open positions in construction and 38 percent report open positions in manufacturing. Sixty percent report hiring or trying to hire, but 87 percent of those report few or no qualified applicants. Unchanged from October, 14 percent of owners reported using temporary workers.

Last modified on Thursday, 27 December 2018 12:58

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