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From Home Furnishing Business

Fast Fact: U.S. Companies Face Worker Shortage 

Labor shortages throughout the U.S. are fast becoming a real issue across all major industries. From farms to factories, employers are having a hard time finding both unskilled and skilled workers, according to data from the Bureau of Labor Statistics.

Accommodation (hospitality) and food services is the hardest hit industry with 5.5 percent job vacancy – increasing from 4.6 percent last year. Tourism accounts for over 14 million jobs in the U.S. and a continued rise in job openings could impede economic growth for the hospitality sector.

Healthcare and social assistance had 1.03 million jobs open in January 2018, the most of any sector, and was among the highest with an open job rate of five percent. Job openings among transportation, warehousing, and utilities jumped 63.1 percent over a year, while retail trade, which include all furniture and home furnishings store, increased 28.6 percent.

For an in-depth look at the data, click here.



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