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With 8m Americans out of work, why are more companies not filling jobs? - Newspaper

As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labour. Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he’d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews. At the same time, the US economy is down more than 8 million jobs since before the pandemic, and Federal Reserve (Fed) officials say the true unemployment rate is closer to 10 per cent than the 5.8pc the government report shows.

With 8 mil Americans out of work, why are more companies not filling jobs?

With 8 mil Americans out of work, why are more companies not filling jobs? May 10 05:15 am JST May 10 | 06:37 am JST SAN FRANCISCO/WASHINGTON As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labor. Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews.

With 8 million Americans out of work, why are more companies not filling jobs?

With 8 million Americans out of work, why are more companies not filling jobs? 05/07/2021 | 09:04pm EDT Send by mail : Message : By Ann Saphir and Lucia Mutikani SAN FRANCISCO/WASHINGTON (Reuters) - As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labor. Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews.

With 8 mln Americans out of work, why are more companies not filling jobs?

Publishing date: May 07, 2021  •  6 hours ago  •  5 minute read  •  Article content SAN FRANCISCO/WASHINGTON As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labor. Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he’d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews.

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