Small businesses are increasingly unwilling to hire because they can’t afford to take on new costs, according to a newly released survey.
The small business network company Alignable released the survey Wednesday. It found that 63% report putting hiring on hold “because they can’t afford to add staff, and 10% of that group is laying off workers.”
Purdue University announced recently that it intends to hire 40 new faculty to “diversify the racial makeup” of its campus.
The move is part of the Indiana school’s $75 million Equity Task Force strategy, a five-year project.
Purdue’s website lists 14 open positions and explains that the first cluster hire will focus on the fields of “Public Health, Health Policy, and Health Equity.”
Andy Sayles, the vice president of Purdue University’s Turning Point USA chapter, told Campus Reform that the amount of money the school is spending on the initiative is “alarming.”
Small business owners are continuing to have problems attracting new workers in the wake of the coronavirus pandemic and are trying to entice them with new incentives, a new report from the U.S. Chamber of Commerce shows.
“Small businesses are bearing the brunt of the current worker shortage,” said Tom Sullivan, vice president of small business policy at the Chamber. “Many have given up on actively recruiting new workers as it is too hard to find skilled and experienced workers for their open positions.”
The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April.
The Labor Department reported Tuesday that the number of available jobs rose sharply as well, but remained far below pre-pandemic levels.