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Stories Tagged as

Labor shortage

Is long-haul trucking really facing a driver shortage?

by David Brancaccio , Chris Farrell and Alex Schroeder
Nov 20, 2024
A new government-directed study casts doubt on the long-held idea that trucking is facing a labor shortage.
Based on average wages from 2006 to 2024, experts found long-distance truckers have been making less than their peers working in residential construction.
Chip Somodevilla/Getty Images
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Why are CFOs gloomy about the future?

by Caleigh Wells
Sep 23, 2024
Every quarter, Deloitte asks financial leaders how they’re feeling about the economy. Its latest report says the CFOs are feeling pretty pessimistic.
One of the chief concerns among CFOs? A shortage of talent.
Spencer Platt/Getty Images
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Could migrants be the answer to New York's restaurant labor shortage?

by Erin Delmore
Apr 19, 2024
Hospitality businesses say they want working visas for migrants to be fast-tracked as they struggle to fill job vacancies.
Hundreds of asylum seekers lined up outside the Jacob K. Javits Federal Building in New York City in June. Restaurants want to put them to work.
David Dee Delgado/Getty Images
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Some accountants are turning away new customers this tax season

by Savannah Peters
Feb 12, 2024
Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up.
With plenty of CPAs booked solid this tax season, some firms are looking overseas for labor.
Drew Angerer/Getty Images
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How did seasonal hiring pan out?

by Mitchell Hartman
Dec 25, 2023
Holiday shopping was up — but seasonal hiring was cautious and often depended on the size of the business.
Holiday hiring in transportation and warehousing, mostly for e-commerce, fell about 20%.
Octavio Jones/Getty Images
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Small business optimism ticked down in November

by Mitchell Hartman
Dec 12, 2023
The National Association of Independent Business's small business optimism index has been below its historical average for nearly two years.
While the labor shortage have been easing, it's still a persistent issue for small businesses.
Scott Olson/Getty Images
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A good repo man is hard to find

by Matt Levin
Nov 7, 2023
The repossession industry is struggling with an enduring labor shortage, while 1.5 million car repos are expected this year.
A good chunk of used cars come from repossessions.
Brandon Bell/Getty Images
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As the need for nursing homes grows, nurses are in short supply

by Kimberly Adams
Oct 25, 2023
The government wants to set staffing standards at nursing homes, but the industry says there are too few nurses to allow it to comply.
Nursing home resident Nancy Hoover with Joan Strassner, a licensed practical nurse. Strassner likes to sing with residents but is often swamped with work due to tight staffing.
Maya Marchel Hoff/Marketplace
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Why labor shortages aren't going anywhere

by Mitchell Hartman
Aug 31, 2023
With the acceleration of baby boomer retirements, multiple sectors face long-term challenges finding enough workers to meet demand.
Pandemic disruptions and baby boomer retirements have created a mismatch between labor supply and demand. That has boosted worker pay, but employers might respond by investing more in automation.
Joe Raedle/Getty Images
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In a tight labor market, technical training is everything

by Stephanie Hughes
Apr 20, 2023
Employers need more skilled workers, and some technical and community colleges are getting more funding to train them.
There has been an uptick in overall state funding for technical and community colleges, which hospitals often rely on to train registered nurses and surgical technicians.
Mario Tama/Getty Images
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