A new labor market survey found that a majority of employers, particularly restaurants, still cannot find enough workers.
The new report from Alignable said that 83% of restaurants can’t find enough workers. Overall, the report found that “63% of all small business employers can’t find the help they need, after a year of an ongoing labor shortage.”
President Joe Biden unveiled a new 2023 budget proposal Monday along with major tax increases to help pay for it.
Biden’s budget, which comes in at about $5.8 trillion, is not expected to become law, but presidential budgets help set the legislative priorities for the year to come.
While filling jobs continues to be a source of struggle for businesses across the nation, Ohio employers seem to be dealing with it better than most, according to a recently released study.
A WalletHub report compared all 50 states and the District of Columbia based on the rate of job openings for the latest month and the past 12 months.
“Lots of businesses are struggling to hire enough workers, which has sometimes led to delays in services and reduced business hours,” the report read. “In fact, the labor force participation rate has experienced the slowest recovery of any recession since World War II. Some businesses aren’t even able to keep the employees they already have – as Americans are quitting their jobs at record rates in what’s been dubbed the ‘Great Resignation.’ ”
The Ohio House has passed a bill that would give employers $25,000 in tax credits to train new drivers in an effort to help companies across the state alleviate a growing truck driving shortage.
House Bill 197, backed by trucking and business organizations, now heads to the Senate. It passed the House, 97-0, this week.
Ohio Attorney General Dave Yost rejected a citizens’ petition on a proposed law that would support vaccine choice and privacy for the second time because it did not contain enough verified signatures.
Yost originally turned down the submission last month. It proposed the Vaccine and Gene Therapy Choice and Anti-Discrimination law that would require the state to protect the privacy and freedom of Ohioans in their ability to refuse vaccinations or gene therapy.
The proposed law would require the state to protect Ohioans’ privacy regarding vaccination choice from vaccine registries and discrimination, provide transparency, reinforce schools must honor vaccine choice and privacy, protect Ohio businesses honoring vaccine choice and provide legal recourse for vaccine choice and privacy violations.
U.S. retail sales jumped in June, boosted by states widely loosening coronavirus restrictions and businesses returning to full capacity.
Retail sales increased 0.6% and totaled $621.3 billion in June, according to the Department of Commerce report released Wednesday. The monthly increase was driven by general merchandise, including food service, clothing, personal care, electronics and gasoline sales, the report showed.
“Sectors that were buoyed by the pandemic are slowing down a little bit, but not to a degree that I’d be concerned about,” Square economist Felipe Chacon told The Wall Street Journal. “Household finances have been bolstered by a few rounds of stimulus spending, so it bodes pretty well.”
President Donald Trump announced the preliminary results of his administration’s efforts to deregulate the federal government.
Before taking office, Trump pledged to roll back two regulations for every new regulation added in Washington, D.C. However, that ratio has since increased to seven regulations rolled back for every new one created, Trump said.
Ohio business owners who are fed up with Gov. Mike DeWine’s ever-lasting shutdown regulations are joining their lawsuits together into a class action against the state.
Three lawyers are working together to help combine existing lawsuits and are looking for other owners whose livelihoods are being threatened by what they say are unconstitutional orders. The suit against the DeWine administration and other government agencies was filed in the Ohio Court of Common Pleas in Lake County.