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Latest NFIB Jobs Report Shows no Change in Hiring

Latest NFIB Jobs Report Shows no Change in Hiring

November 7, 2025

“The post-Covid labor market appears to have mostly normalized on Main Street”

FOR IMMEDIATE RELEASE
Contact: Thor Stacey, Alaska State Director, thor@thorstaceyassociates.com
Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

JUNEAU, Alaska, Nov. 6, 2025—Today’s release of the monthly Jobs Report from the National Federation of Independent Business (NFIB) showed 32% (seasonally adjusted) of small business owners reporting job openings they could not fill in October, unchanged for the second month in a row.

“The post-Covid labor market appears to have mostly normalized on Main Street,” said Bill Dunkelberg, NFIB’s chief economist. “Jobs are plentiful, albeit declining, while qualified applicants are scarce but increasing for some industries.”

NFIB’s Jobs Report is a national survey of NFIB-member small-business owners, not broken down by state. The typical NFIB member employs between one and nine people and reports gross sales of about $500,000 a year. This report is based on 984 respondents to the October survey of a random sample of NFIB’s member firms, surveyed through 10/31/2025.

Highlights from the Latest NFIB Jobs Report

  • A seasonally adjusted net 15% of owners plan to create new jobs in the next three months, down 1 point from September. This marks the first decline since hiring plans started to increase in May 2025.
  • In October, 27% of small business owners cited labor quality as their single most important problem, up 9 points from September and the highest level since the record high of 29% in November 2021.
  • Labor quality reported as the single most important problem was the highest in the construction, transportation, and professional services industries, and lowest in finance and agriculture.
  • Seasonally adjusted, a net 26% of small business owners reported raising compensation in October, down 5 points from September. A net 19% (seasonally adjusted) plan to raise compensation in the next three months, unchanged from September.

 

Keep up with the latest Alaska small business news at www.nfib.com. Follow us on X at @NFIB_AK.

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For over 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.

NFIB Alaska
Box 211231
907-723-1494
Juneau, AK 99821
www.nfib.com
X: @NFIB.AK

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