Some businesses are just working their current staff more — which could only make the problem worse, say researchers at Bank of America.
After promising to "undo the moral and national shame of the previous administration," Biden is finding it easier said than done.
Donald Trump continues to spout absolute nonsense about the 2020 presidential election that he lost to President Joe Biden.
Tesla CEO Elon Musk said thanks to new semiconductor plants that are planned or under construction, the global chip shortage that has pummeled the car industry should be short term.
About 442,196 unemployment claimants saw their pandemic unemployment assistance benefits end on Sept. 4, but it’s unclear if that will ease Michigan’s labor shortage.
"In a tight marketplace, it's very difficult to find employees, much less to keep our current employees," said Jonathan Chariff, CEO of South Motors.
Though this business-owning couple is unique, a big part of their story is all too commonplace: They're victims of the debilitating worker shortage.
Inflation expected to rise ‘slightly over 4%’ in the final quarter of this year, as energy and goods prices surgeLatest: Bank predicts CPI inflation will rise over 4%MPC leaves rates on hold, but two policymakers want to end QE earlyBank says case for modest tightening has strengthenedPound jumps as traders predict rate rise in March 2022No need to panic buy, says ministerCitizens Advice: perfect storm for poorer householdsStagflation fears as UK private sector growth slowsFears of disruption...
More business owners see country on wrong track as survey records collapse in confidence
Speaking to Kara Swisher and CNBC tech reporter Jon Fortt at the Code Conference in Beverly Hills, California, the AMD boss said that the first half of 2022 will be 'likely tight' in terms of chip supply, but shortages should become less severe in the second half of the year.
President Joe Biden announced on Thursday a sweeping vaccination mandate for large businesses that would affect more than 80 million Americans.
Home-repair workers told Insider they anticipate recovery from the storm will carry over into 2022 as labor and supply shortages delay projects.