Day: August 25, 2021

Employers

EMPLOYERS EXPECT DIFFICULTY IN FINDING EMPLOYEES TO LAST UNTIL 2022

Current struggles to hire and retain workers will continue into next year, according to a survey of 380 US and Canadian employers by Willis Towers Watson. The survey found 73% of employers are having difficulty attracting employees, up from a similar survey last year that found only 26% were having difficulty. It’s also up from 56% in a survey earlier this year. And 70% of

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Richmond Fed: Manufacturing Activity Improves in August

Federal Reserve Bank of Richmond (08/24/21) Mid-Atlantic manufacturing activity improved in August, according to the Federal Reserve Bank of Richmond. The composite index declined from 27 in July to 9 in August but remained in expansionary territory, as all three component indexes— shipments, new orders, and employment—decreased but remained positive. However, several manufacturers reported deteriorating local business conditions. Survey contacts also noted that lead times

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