Where, oh where are the new hires?
According to the National Federation of Independent Businesses (NFIB), half of US small-business owners said they had open positions they couldn’t fill this June. But look at it this way: that’s better than May 2022, when it was more than half. That, by the way, was a 48-year record high.
Sure, inflation is eating our lunch, and we may be on our way to a recession, but workers still aren’t coming into the workforce. Instead, we’re still suffering from a Great Resignation hangover.