Beaver State News

The National Federation of Independent Business (NFIB) has released its latest monthly Jobs Report, highlighting ongoing challenges faced by small business owners in finding employees. Anthony Smith, NFIB's Oregon State Director, commented on the situation as the state's legislative session begins. "Hiring is still a major challenge for small business owners," he said. He urged lawmakers to consider streamlining workplace regulations or risk imposing untested employment laws that could lead to costly litigation.

The report provides a national overview without state-specific data, noting that typical NFIB members employ around 10 people and have gross sales of approximately $500,000 annually. Bill Dunkelberg, NFIB Chief Economist, stated, "Finding qualified workers remained a major headwind for stronger job growth on Main Street in December."

Key findings from the report include that 35% of small business owners reported unfilled job openings in December, a slight decrease from November. Additionally, 29% of owners raised compensation during the month—a decline since March 2021—and 19% plan to create new jobs in the next three months.

Job openings were most prevalent in transportation, construction, and manufacturing sectors while lowest in agriculture and finance. Notably, construction job openings decreased significantly compared to previous months and years.

For more information about Oregon's small-business landscape and updates from NFIB, visit their website or follow them on Twitter.

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