January 18, 2023
Inflation and Labor Quality Also Remain Top Problems
Small Business Still Troubled by Major Issues with Hiring
- Inflation remains the single most cited small business problem at 32%.
- The second-most cited problem is labor quality, up two points from last month to 23%.
- Labor costs also remain a commonly cited top problem at 8%, one point down from November. Small business owners continue to try to attract new employees with higher pay: a net 44% report raising compensation in December, four points up from November.
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles

October 6, 2025
NFIB Small Business Legal Center Celebrates 25 Years of Fightin…
The NFIB Small Business Legal Center celebrates 25 years of fighting for sm…
Read More

October 6, 2025
Small Business Supports Affordable and Reliable Energy
The Energy Choice Act will allow small businesses to have better access to…
Read More

October 6, 2025
Small Businesses Support More Affordable Health Insurance Optio…
The CHOICE Arrangement Act fights the rising cost of health insurance for s…
Read More

October 6, 2025
Place Your Vote on the Issues That Affect Your Small Business M…
Don’t miss out on your chance to make your voice heard. NFIB’s Federal…
Read More