Economic news

Half of US Small Businesses Had Job Openings in June, NFIB Says

2022.07.07 21:26

Half of US Small Businesses Had Job Openings in June, NFIB Says

Budrigannews – Customers at the Sandwich Board in Alameda, California, U.S., on Tuesday, April 5, 2022. Industry associations and business owners say serial plaintiffs filing dozens or hundreds of cases are increasingly using the 1990 Americans with Disabilities Act to extract tens of thousands of dollars in settlements — and not to promote access as the landmark civil-rights law intended.

Half of US small-business owners said they had open positions they could not fill in June, down slightly from a record-high, and nearly as many reported raising compensation, indicating persistent hiring challenges and a still-tight labor market.

Fifty percent of firms had vacancies, down one percentage point from May, according to data out Thursday from the National Federation of Independent Business. A near-record 48% of small-business owners said they raised compensation, a slight softening from the prior month, but 28% say they intend to increase pay in the coming three months — a pickup from May.

“The labor force participation rate has been slowly rising this year, with more people taking jobs,” Bill Dunkelberg, NFIB chief economist said in a statement. “However, the labor shortage continues to be a difficult problem for small businesses. A few more good months of increased employment might get total employment back to pre-pandemic levels.”

Even so, there were some signs of softening. A net 19% of small business owners said they plan to create new jobs in the next three months, down 7 percentage points from May.

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 68,660.40 0.35%
ethereum
Ethereum (ETH) $ 2,426.19 1.80%
tether
Tether (USDT) $ 0.99928 0.05%
bnb
BNB (BNB) $ 558.44 0.22%
solana
Solana (SOL) $ 161.17 0.47%
usd-coin
USDC (USDC) $ 1.00 0.03%
xrp
XRP (XRP) $ 0.511381 1.06%
dogecoin
Dogecoin (DOGE) $ 0.167657 10.47%
staked-ether
Lido Staked Ether (STETH) $ 2,425.10 1.79%
tron
TRON (TRX) $ 0.162431 1.52%
cardano
Cardano (ADA) $ 0.32975 0.80%
the-open-network
Toncoin (TON) $ 4.60 5.61%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 3.83%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,867.20 2.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 68,556.37 0.45%
avalanche-2
Avalanche (AVAX) $ 23.12 2.17%
weth
WETH (WETH) $ 2,424.48 1.90%
bitcoin-cash
Bitcoin Cash (BCH) $ 336.41 0.17%
chainlink
Chainlink (LINK) $ 10.45 2.35%
usds
USDS (USDS) $ 0.99287 0.72%
leo-token
LEO Token (LEO) $ 6.07 0.14%
sui
Sui (SUI) $ 1.92 1.93%
polkadot
Polkadot (DOT) $ 3.80 0.35%
litecoin
Litecoin (LTC) $ 66.85 0.27%
near
NEAR Protocol (NEAR) $ 3.68 0.47%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,550.19 1.87%
aptos
Aptos (APT) $ 8.15 0.77%
uniswap
Uniswap (UNI) $ 6.91 0.60%
pepe
Pepe (PEPE) $ 0.000008 0.37%
internet-computer
Internet Computer (ICP) $ 7.10 1.42%
dai
Dai (DAI) $ 0.999854 0.05%
bittensor
Bittensor (TAO) $ 426.05 1.37%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.15 0.79%
monero
Monero (XMR) $ 160.04 1.36%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
stellar
Stellar (XLM) $ 0.091781 0.64%
whitebit
WhiteBIT Coin (WBT) $ 18.94 0.17%
ethereum-classic
Ethereum Classic (ETC) $ 17.87 0.65%
kaspa
Kaspa (KAS) $ 0.106155 3.44%
first-digital-usd
First Digital USD (FDUSD) $ 0.997893 0.05%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.296562 1.27%
blockstack
Stacks (STX) $ 1.50 2.02%
okb
OKB (OKB) $ 37.48 0.20%
dogwifcoin
dogwifhat (WIF) $ 2.03 2.23%
filecoin
Filecoin (FIL) $ 3.33 0.54%
aave
Aave (AAVE) $ 131.12 0.01%
crypto-com-chain
Cronos (CRO) $ 0.071496 0.25%
arbitrum
Arbitrum (ARB) $ 0.479479 1.05%
mantle
Mantle (MNT) $ 0.555136 1.25%
immutable-x
Immutable (IMX) $ 1.07 0.75%