Workforce shortages leading to ripple effects on economy
NASHVILLE, Tenn. (WTVF) — If you’ve recently been out to eat, spent time shopping at stores or stayed at a hotel, you might’ve noticed several industries are seeking help, and struggling to find workers.
It’s one of the ripple effects of the global pandemic many economists are concerned about.
The entertainment and hospitality industries have been especially hit hard, and despite trying to rebound as things reopen, hiring is hard.
Despite millions of job listings across the country, and thousands across Tennessee and Kentucky, experts insist COVID-19 caused lots of employees to either retire early, move to a new city, or state, or reconsider their job altogether.
Co-Founder and CEO of “Homebase,” a company that helps over 100,000 small business across the country manage their teams, says this problem has many implications.
“It is absolutely hard for businesses to grow. When they can’t find partners, you know, it’s hard for business,…
