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The State of Small Businesses and the Job Market

August 7, 2023 By Debbie Young

By JulieK2 @ Shutterstock.com

A report from the National Federation of Independent Business (NFIB) is due out later today. Meanwhile,  the latest monthly survey reports that U.S. small businesses remained on the hunt for new employees in July and still couldn’t find enough of them.

According to William Dunkelberg, NFIB chief economist:

As long as consumers spend, firms will find it profitable to hire. But hiring continues to be hindered by the lack of qualified workers.

James Freeman summarizes in the “Best of the Web” (WSJ):

At least for now, the great American worker shortage continues at small companies.

Would this perhaps be a good time for a bipartisan agreement enabling more legal migration?

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

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Debbie Young
Debbie Young
Debbie, our chief political writer of Richardcyoung.com, is also our chief domestic affairs writer, a contributing writer on Eastern Europe and Paris and Burgundy, France. She has been associate editor of Dick Young’s investment strategy reports for over five decades. Debbie lives in Key West, Florida, and Newport, Rhode Island, and travels extensively in Paris and Burgundy, France, cooking on her AGA Cooker, driving through Vermont and Maine, and practicing yoga. Debbie has completed the 200-hour Krama Yoga teacher training program taught by Master Instructor Ruslan Kleytman. Debbie is a strong supporting member of the NRA.
Debbie Young
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