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NJ Spotlight News | Business Report: Staffing challenges for businesses | Season 2021

Survey shows 55% needed to raise prices on products and services this year
The video from PBS, titled "Business Report: Staffing Challenges for Businesses," discusses the ongoing staffing difficulties faced by various industries as they attempt to recover from the economic impacts of the COVID-19 pandemic. It highlights how businesses, particularly in sectors like hospitality, healthcare, and transportation, are struggling to find enough workers to meet demand. The report features insights from business owners and experts who attribute the shortage to factors such as early retirements, a shift in worker priorities, and ongoing health concerns. Additionally, the video touches on the measures some companies are taking to attract and retain employees, including offering higher wages, flexible work arrangements, and improved benefits. The overall message is that while the economy is reopening, the labor market remains tight, posing significant challenges for businesses trying to operate at full capacity.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-staffing-challenges-for-businesses-1638219231/ ]