Latest / Jersey City News Today | 2 Min News | The Daily News Now!
Labor Shortage Hits Small Businesses | Jersey News
The latest jobs report reveals a troubling slowdown: 23,000 jobs lost in July, with previous months’ numbers revised down by over 100,000. Retail and finance sectors are hit hardest, while healthcare growth is sluggish. Small businesses feel the squeeze most—finding workers is now their top challenge, up sharply from last month. With inflation weighing on spending and benefits becoming unaffordable, talented workers are drifting toward bigger companies. The labor market is tightening, and it’s a problem businesses can’t ignore. Listen in comfort:Get a discount on a Soli Pillow…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.