Let's Talk Unemployment And The Labor Shortage

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Let's Talk New Mexico

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Let’s Talk New Mexico 7/8 8am: Have you noticed “help wanted” signs in the windows of your favorite restaurants and businesses? The COVID-19 pandemic has caused chaos in the economy for more than a year, and now there’s a labor shortage. Last week Axios reported 10 million Americans out of work, yet there are 9 million vacant positions waiting to be filled. Employers are frustrated, sometimes offering higher wages and hiring bonuses to get the help they need. Others are opting to close businesses earlier or stay closed on less busy days because they don’t have the staff for normal hours. Some business owners are angry, blaming the government for the pandemic related unemployment insurance bonuses they see as motivation for workers to stay home.