FOR IMMEDIATE RELEASE
Contact: Tray Abney, Nevada State Director, tray@abneytauchen.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

CARSON CITY, Nev., Jan. 4, 2024—Release today of NFIB’s monthly Jobs Report showed little change in the struggle the nation’s Main Street enterprises are having with finding qualified employees.

“As 2024 begins, employers in Nevada and across the country continue to struggle with finding qualified employees to fill open positions,” said Tray Abney, Nevada state director for the National Federation of Independent Business (NFIB), which conducts the monthly survey of its small-business-owning membership.

“While this tight labor market is good for job seekers, who are demanding higher pay and more generous benefits, it further puts the squeeze on small business owners, who have been pummeled by higher costs, outrageous credit card processing fees, disrupted supply chains, and various government-imposed regulations and fees. We urge all of our elected leaders to keep these things in mind as they begin to formulate policy ideas for the New Year, and we hope that our school systems continue to improve the real-world skill sets of our future workforce.”

Highlights from today’s report include:

• Overall, 55% of owners reported hiring or trying to hire in December, up one point from November. Of those hiring or trying to hire, 89% of owners reported few or no qualified applicants for the positions they were trying to fill. Twenty-eight percent of owners reported few qualified applicants for their open positions and 21% reported none.

• Seasonally adjusted, a net 36% of owners reported raising compensation, unchanged for the fifth consecutive month. A net 29% of owners plan to raise compensation in the next three months, down one point from November.

• Job openings in the construction industry were up nine points from last month and over half have a job opening they can’t fill. Job openings were the highest in the construction and transportation sectors and the lowest in the agriculture and finance sectors.

From NFIB Chief Economist Bill Dunkelberg

“The tight labor market has been a consistent concern for small business owners throughout 2023. The level of job openings suggests a solid labor market will continue on Main Street for 2024, as owners raise compensation to attract qualified workers and consumers spend.”

Keep up with the latest Nevada small-business news at www.nfib.com/nevada, where this news release can also be found, or by following NFIB on Twitter @NFIB_NV.

###

For 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 Nevada
Abney Tauchen Group
775-443-5561
Reno, NV
NFIB.com/NV
Twitter: @NFIB_NV