Small and midsize firms remain eager to expand their workforces, but economists say many jobseekers are likely chasing higher pay at larger companies with deeper coffers. Employers with fewer than 1,000 workers posted the lion’s share of job opportunities in February, the federal Job Openings and Labor Turnover Survey showed Tuesday. Filling those positions, though, is a different matter.
Another possibility is that many small and midsize firms “simply didn’t want to hire.” But plenty still do, even as the race for talent cools down from its red-hot levels earlier in the pandemic recovery, and they have for some time. Small businesses played an outsize role in the increase in job vacancies over the last three years, said Tuan Nguyen, U.S. economist at financial services firm RSM.
Source: News Formal (newsformal.com)
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCNews - 🏆 10. / 86 Read more »
Source: NBCNewsHealth - 🏆 707. / 51 Read more »
Source: NBCNews - 🏆 10. / 86 Read more »
Source: NBCNewsHealth - 🏆 707. / 51 Read more »
Source: AllSidesNow - 🏆 572. / 51 Read more »
Source: NBCNewsHealth - 🏆 707. / 51 Read more »