Small businesses on the brink amid COVID pandemic and labor market shortages

In MoneyWatch, a new survey conducted by Goldman Sachs 10000 Small Businesses Voices initiative reveals that 79% of small …


21 thoughts on “Small businesses on the brink amid COVID pandemic and labor market shortages”

  1. Mcdonalds is bringing in low wage immigrants that can't speak english. These greedy companies don't need to raise wages. The consumer is suffering due to the low quality work as well. The media are such liars

  2. Let's see…Abortion declared legal in 1973…About 1.25 million babies killed each year since then…That's about (2022-1973=~50; 50*1,250,000=62,500,000) … That's about 62 million people that we have killed since then. So why exactly do we have a labor shortage???

  3. Funny because I'm having trouble finding a full-time position with decent pay. I have 20 yrs experience in customer service (I was a fitness trainer/group fitness instructor) and I have an associates degree in business. I get offers for PT or $12 jobs. Who can live off that!? I currently work for a company that pays $15 but the hrs can fluctuate because it's seasonal. Don't know what I'm doing wrong.

  4. There's no labor shortage, there's a salary shortage.

    Businesess always accept increase in price in logistics, raw materials, taxes…is part of the market.

    When workers deny employers of labor because 10 dollars an hour with no benefits is not doable…then business declare there's a shortage of labor.

    There's no labor shortage, there's an increase in labor price that businesses aren't willing to pay.

    People will not go back to work, this is only the beggining.

    People's price for labor has increased, why businesses won't accept that, but accept other price increases as part of the system?

    If a business can't cope with people's wages, then it should not exist.

    Rise in price for materials? OK

    Rise in taxes? OK

    Rise in price of gas, operational? OK

    Rise in rent, overhead prices? OK

    Rise in price of labor, people wanting to be able to have food on the table? No, we won't pay for it.

    Good luck finding workers, not even a newcomer illegal worker can cope with today's salaries. People need to eat, and pay rent, and have a life.

  5. If you have to be persuaded, reminded, pressured, lied to, incentivized, coerced, bullied, socially shamed, guilt-tripped, threatened, punished and criminalized … If all of this is considered necessary to gain your compliance — you can be absolutely certain that what is being promoted is not in your best interest.” – Ian Watson

  6. Those small business owners can thank those ridiculous mandates for that. They're keeping this scamdemic going until all those small businesses go out of business. That's been the governments plan since the beginning. It's always the small businesses that suffer since this scamdemic started. It's funny how big businesses aren't suffering as much as the small businesses are. All of them have been thriving since the beginning and never closed down or we're forced to shut down. Goes to show you how f***ed up this world is and makes you wonder if this "pandemic" was ever even real.

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