Nearly Half Of Small Businesses In Hiring Freeze, Citing Inflation And Costs
Nearly Half Of Small Business Owners Are Not Willing To Hire Because Of Labor Costs And “Skyrocketing Inflation,” A Newly Released Small Business Report Shows.
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Bureau of Labor Statistics
Record High Diesel Prices Threaten Domino Effect To Other Goods
Record High Diesel Fuel Prices Are Yet Another Driver Of Rising Costs For Americans, And Those Costs Could Get Even Higher This Year.
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Economy Adds More Jobs Than Expected, Wages Can’t Keep Up With Inflation
Wage Gains Have Not Kept Pace With Inflation, Which Is Rising At The Fastest Rate In Decades. In Roughly The Last Twelve Months, Energy Costs Have Risen Roughly 30% And Food Prices Have Risen Almost 10%, With The Overall Inflation Rate Much Higher Than The 5.2% Wage Gains.
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3.1% Of Tennessee Workers Are Quitting Their Jobs
100,000 People In Tennessee Quit Their Jobs In March, The Most Recent Month Of Available Data – A 5.3% Increase From One Year Earlier. This Accounts For 3.1% Of The Total Workforce, Slightly Higher Than The 3.0% Share Of Workers Nationwide Who Quit Their Jobs In March.
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Small Businesses Fear Rising Inflation, Consider Shutting Down In Droves
The Small Business Network Alignable Released Its Small Business Inflation Poll Monday, Which Found Small Businesses Are Very Worried About Rising Inflation And Its Effect On The Economy.
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Inflation Slowed In April, But Prices Continued Their Steady Increase
Inflation Continued Its Steady Rise In April, When The Consumer Price Index Increased 8.3% Over Last Year, According To Data Released Wednesday By The U.S. Bureau Of Labor Statistics.
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72% Of Small Businesses To Increase Prices Due To Inflation
As Inflation Surpasses 40-Year Highs, 72% Of Small Businesses Surveyed Are Increasing Prices To Keep Their Doors Open, According To The Latest Small Business Optimism Index.
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Americans More Worried About Inflation Than They Have Been In Decades
Americans Are More Concerned About Inflation Than They Have Been In Decades As Prices Continue To Soar Nationwide, According To Newly Released Polling.
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Small Businesses Concerned As Job Openings Hit Record High
The Bureau Of Labor Statistics Released New Data Wednesday Showing That There Were 11.3 Million Open Jobs For The Month Of January, Another New Record High. That Figure Is More Than The Number Of Unemployed Americans, Showing That Many Businesses Are Having Trouble Finding And Keeping Workers.
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February Job Growth Exceeds Expectations
The Latest Jobs Report Released Friday Showed Better Than Expected Numbers For February.
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