ICYMI: WH Workforce Initiative Comes as NFIB Data Sheds Light on Workers

Date: July 19, 2018

Washington, D.C. (July 19, 2018)— President Trump signed an executive order on a new workforce initiative today that focuses on the nationwide labor shortage affecting small and independent businesses.

According to NFIB’s most recent Small Business Economic Trends report:

  • 55 percent of small business owners (87 percent of those hiring or trying to hire) reported few or no qualified applicants for the positions they were trying to fill.
  • 21 percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem.
  • 36 percent of all owners reported job openings they could not fill in the current period, up three points matching the survey record high set in November 2000.
  • A seasonally-adjusted net 20 percent plan to create new jobs, up two points from May and very strong.
  • 31 percent have openings for skilled workers, and 13 percent have openings for unskilled labor, both ahead of the May readings.

For more information about NFIB, please visit nfib.com.




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