As a Business Advisor in Southern California, I have been keeping a close eye on the current labor shortage in the United States. Small-to-medium-sized businesses, in particular, are facing significant challenges in recruiting and retaining employees. In this blog post, we explore key factors contributing to the labor shortage, the impact on businesses, and potential… Continue reading What’s Up With The Labor Shortage In America?
Tag: Labor Shortage
How Does Labor Shortage Affect The Economy?
The United States is currently experiencing a mass labor shortage that many link to the COVID-19 pandemic. Remote work environments, pandemic anxiety, and stay-at-home orders caused many workers to leave their jobs, and that trend continues today. In May alone, over 4 million people willingly left their jobs. The current labor shortage is affecting the… Continue reading How Does Labor Shortage Affect The Economy?
How Businesses Can Overcome The Labor Shortage
For the past two years, most businesses, particularly small businesses, have been hit with challenges not seen in nearly a century. The COVID-19 pandemic created conditions that test a small business’s ability to survive profitably. Supply chain shortages, masking, stay-at-home orders, remote working, and now The Great Resignation is causing a serious labor shortage. Nobody… Continue reading How Businesses Can Overcome The Labor Shortage