Shortage of Qualified Workers Poses Hiring Challenges for Small Businesses, Says Report

Shortage of Qualified Workers Poses Hiring Challenges for Small Businesses, Says Report
A "Hiring" sign is posted on the door of a GameStop in New York, on April 29, 2022. Shannon Stapleton/Reuters
Naveen Athrappully
Updated:
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Small businesses are struggling to hire owing to a shortage of qualified applicants, while also being challenged by inflation, according to reports by the National Federation of Independent Business (NFIB).

Forty-three percent of owners had job openings they could not fill in March, on a seasonally adjusted basis, said NFIB’s March 2023 Jobs Report. Meanwhile, 34 percent had openings available for skilled workers and 19 percent for unskilled workers.