{"id":118137,"date":"2021-07-13T11:52:57","date_gmt":"2021-07-13T11:52:57","guid":{"rendered":"https:\/\/fin2me.com\/?p=118137"},"modified":"2021-07-13T11:52:57","modified_gmt":"2021-07-13T11:52:57","slug":"u-s-small-business-optimism-rises-despite-labor-shortage-inflation-worries-nfib","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/u-s-small-business-optimism-rises-despite-labor-shortage-inflation-worries-nfib\/","title":{"rendered":"U.S. small business optimism rises despite labor shortage, inflation worries &#8211; NFIB"},"content":{"rendered":"<p>(Reuters) &#8211; Confidence among small businesses in the United States improved slightly in June after declining in May, despite owners worrying about a labor shortage and inflation, according to a survey released on Tuesday.<\/p><figcaption>FILE PHOTO: People make their way in a local street of Chinatown in the Manhattan borough of New York City, New York, U.S., March 25, 2021. REUTERS\/Eduardo Munoz\/File Photo<\/figcaption><p>The National Federation of Independent Business (NFIB) Optimism Index rose 2.9 points to a reading of 102.5 in June. Seven of the 10 index components improved and three declined.<\/p>\n<p>\u201cSmall businesses\u2019 optimism is rising as the economy opens up, yet a record number of employers continue to report that there are few or no qualified applicants for open positions,\u201d NFIB Chief Economist Bill Dunkelberg said in a statement.<\/p>\n<p>\u201cOwners are also having a hard time keeping their inventory stocks up with strong sales and supply chain problems.\u201d<\/p>\n<p>A net 28% of businesses plan to create new jobs in the next three months, up one point from May and a record high.<\/p>\n<p>Earlier this month, the trade group said in its monthly jobs report that 46% of small business owners reported unfilled job openings in June on a seasonally adjusted basis, down from 48% in May.<\/p>\n<p>The quality of labor ranked as businesses\u2019 \u201csingle most important problem,\u201d with 26% of respondents selecting it among 10 issues, near the survey high of 27%. Some 56% of respondents said they had few or no qualified applicants for open jobs in June, down from 57% in May.<\/p>\n<p>The NFIB survey comes as the number of Americans filing new claims for unemployment benefits slightly rose last week while continuing claims declined.<\/p>\n<p>Additionally, hiring appears to have strengthened in June as U.S. companies hired the most workers in 10 months.<\/p>\n<p>Businesses in the NFIB survey also flagged inflation as a worry, and a record 44% plan to increase prices in the next three months.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-usa-economy-small-business\/u-s-small-business-optimism-rises-despite-labor-shortage-inflation-worries-nfib-idUSKBN2EJ0WB\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Confidence among small businesses in the United States improved slightly in June after declining in May, despite owners worrying about a labor shortage [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":118136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. small business optimism rises despite labor shortage, inflation worries - NFIB - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/u-s-small-business-optimism-rises-despite-labor-shortage-inflation-worries-nfib\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. small business optimism rises despite labor shortage, inflation worries - NFIB - Fin2me\" \/>\n<meta property=\"og:description\" content=\"(Reuters) &#8211; 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