Business owners are struggling with finding enough employees
Business owners are having a hard time finding the workers they need.
Posted: May 13, 2021 12:45 PM
Posted By: Madelyne Watkins
ROCHESTER, Minn. - It s now been more than a year since the U.S. labor market collapsed and millions of jobs vanished. And while the economy is healing, Americans aren t rushing to get back to work.
Restaurants are starting to fill up again, which is a good sight to see! But with more guests, you need the workers and that s the new challenge many business owners are facing. Across all sectors, too - not just for restaurant owners.
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On April 30, 2021, Iowa Governor Kim Reynolds signed into law the Iowa Insurance Data Security Act, making Iowa the latest state to adopt the National Association of Insurance Commissioner s model cybersecurity law. Effective January 1, 2022, the Act establishes investigation procedures, data security program standards, and notification requirements for Iowa Insurance Division-regulated licensees (licensees) to protect the security and confidentiality of non-public information and the security of the licensees information systems. Licensees with fewer than 20 employees are exempt, as are licensees with less than $5 million in gross annual revenue or less than $10 million in year-end total.
US retail and food service industry complains of lack of workers
The US retail and food service industry is dealing with a severe labor shortage. According to Landed, a restaurant hiring app, the industry faces a deficit of 3.4 million jobs, a number which is expected to grow. One poll found more than 31 percent of restaurant company leaders have been forced to close stores because of a lack of workers. An additional 44 percent of respondents stated they were still considering whether to close.
Retail CEOs and Republican politicians have argued that the $300 weekly federal unemployment benefits supplement incentivizes workers to stay at home instead of returning to work. Earlier this month, Representative David Rouzer tweeted a picture of a Hardee’s drive thru with a sign that read “Closed due to NO STAFF.”