06142021Mon
Last updateFri, 11 Jun 2021 4pm

Manufacturing & The Economy

NFIB: Businesses Having Trouble Finding Labor

Strong job growth continued for small businesses in April. Firms increased employment by 0.31 workers per firm on average over the past few months. The average has been above 0.30 since December 2020, historically an exceptional performance. According to the National Federation of Independent Business, 44% (seasonally adjusted) of all owners reported job openings they could not fill in the current period, up 2 points from March. Unfilled job openings continue to mount as April is the third consecutive month setting a record high reading. 

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