Small Business Group Issues Another Dismal Jobs Report

November 3, 2022

Small Business Group Issues Another Dismal Jobs Report

FOR IMMEDIATE RELEASE Contact: Chad Heinrich, Arizona State Director, ch@chadheinrich.com or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org PHOENIX, Nov. 3, 2022—The inability to find employees to fill job openings continues to hamper Arizona’s and the nation’s Main Street, mom-and-pop enterprises, according to the latest Jobs Report released today by the National Federation of Independent Business (NFIB), America’s leading small-business association. The NFIB Jobs Report is a national snapshot of the small-business-owning membership of NFIB and is not broken down by state. It’s released on the first Thursday of every month and is followed on the second Tuesday of every month by the Small Business Economic Trends report (aka the Optimism Index), which measures 10 components, including the data from the Jobs Report. Arizona Comment “While Election Day will not provide an overnight cure for the economic ills facing small businesses in Arizona, hopefully voters who care about small mom-and-pop businesses will inform their vote with the recommendations from the NFIB Arizona political action committee,” said Chad Heinrich, Arizona state director for NFIB. From NFIB Chief Economist Bill Dunkelberg “The labor shortage remains a challenging problem for small business owners. Because of staffing shortages, small business owners are less able to take full advantage of current sales opportunities and continue to make business adjustments to compensate.” Highlights from Today’s Jobs Report

23% of owners report labor quality as their top business problem, second to inflation.
Of those hiring or trying to hire, 90% of owners reported few or no qualified applicants for the positions they were trying to fill.
Of the nine industries measured in today’s report, transportation (68%) and construction (63%) were having the biggest difficulties in filling job openings.

Retweet this news release here. Keep up with the latest on Arizona small business news at www.nfib.com/arizona or by following NFIB on Twitter @NFIB_AZ ### For almost 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 its 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 Arizona 602-263-7690 NFIB.com/AZ Twitter: @NFIB_AZ