More than a third of small businesses can’t fill open jobs, matching a record

“The number of small business that aren’t able to find enough workers has matched the highest level ever recorded.

“Labor markets are very tight, for both skilled and unskilled workers,” wrote William Dunkelberg and Holly Wade, chief economist and director of research at NFIB, respectively. “More firms are looking for workers than workers looking for a job. And the hiring strength is in industries that pay well: construction, manufacturing, and financial services.”

According to July’s Job Opening and Labor Turnover Survey (JOLTS) published Tuesday, there were 6.6 million open positions in May, more than the 6.1 million unemployed persons in during the month, according to the Bureau of Labor Statistics.”

Read more in CNBC article.

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