ACTV - Labor: Not The Problem It Used To Be

2024-03-13 00:50:00 ET

Summary

• Earlier, we had discussed the latest NFIB survey of small businesses. While optimism was weak, a particular area of concern was employment.
• Of all problems highlighted, labor took a backseat in February, with a five percentage point decline in the share of businesses reporting quality of labor as their biggest problem.
• When combining with the share reporting cost of labor to be their biggest problem, 27% of businesses reported these labor concerns as their most pressing.

In an earlier post , we discussed the latest NFIB survey of small businesses. While optimism was weak, a particular area of concern was employment. What businesses reported to be their most important problems reiterated this....

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