American businesses can't find workers

American businesses big and small increasingly have the same problem: They can't find workers.The job market i...

Posted: Jan 18, 2018 7:04 AM
Updated: Jan 18, 2018 7:04 AM

American businesses big and small increasingly have the same problem: They can't find workers.

The job market is so hot that employers are struggling to handle the consequences.

A Federal Reserve survey released Wednesday found labor shortages all over the country. And more businesses said they had no choice but to pay more to attract and keep the workers they want, a sign that wage growth may finally be picking up.

But companies are also losing out on business. That's not an immediate problem for the economy, but it could hurt economic growth in the long term. The survey showed worker shortages increased significantly at the end of last year.

Here's a snapshot.

In New England ...

Restaurants can't find waiters, waitresses and cooks. One manufacturer was three months behind schedule as he struggled to hire workers for a new factory. Another industrial company with 100 employees had 20 job openings. Tech companies in Boston and elsewhere said it's getting harder to find software engineers.

On the southern East Coast ...

One trucking company said it's having so much trouble finding drivers that many of its vehicles were sitting idle in the parking lot, forcing the company to raise wages.

Related: 4 ways to get a better job in 2018

In Washington, D.C. ...

Another construction company said a lack of skilled workers was the main cause of rising costs. Worker shortages force companies to raise wages, but they can also translate into other costs, like delayed or canceled projects.

In Louisville, Kentucky, and Little Rock, Arkansas ...

Construction companies can't find new employees, and manufacturing firms can't find either skilled or unskilled workers.

In Missouri ...

Employers in the healthcare, hospitality and retail industries were hard-pressed to find qualified and available workers. Around St. Louis, building companies have limited ability to put up new homes as they struggle to find workers.

Related: 95 million are still out of the workforce, and it's still a misleading number

On the West Coast ...

Widespread reports of labor shortages forced bosses to hike wages. From farms to factories, employers said they couldn't find enough people, or enough skilled people. West Coast banks also reported prolonged job vacancies and searches for qualified candidates.

Minnesota Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 37210

Reported Deaths: 1495
CountyConfirmedDeaths
Hennepin12048782
Ramsey4777222
Stearns231219
Dakota224890
Anoka2155107
Nobles16616
Olmsted107615
Washington104840
Mower9322
Rice8277
Scott6844
Clay58037
Kandiyohi5661
Wright4535
Blue Earth4422
Todd4002
Carver3611
Lyon3052
Sherburne3035
Freeborn2890
Steele2231
Watonwan2150
Benton2123
St. Louis17415
Martin1615
Nicollet15512
Cottonwood1340
Goodhue1278
Winona12015
Crow Wing10412
Pine1030
Chisago971
Otter Tail921
Le Sueur911
McLeod850
Carlton830
Dodge830
Unassigned8237
Polk812
Chippewa761
Isanti650
Itasca6412
Waseca620
Douglas610
Meeker591
Morrison591
Becker550
Jackson550
Faribault540
Murray540
Sibley532
Pennington510
Mille Lacs342
Brown312
Pipestone311
Wabasha310
Beltrami290
Rock290
Yellow Medicine290
Renville282
Fillmore270
Houston250
Swift211
Norman200
Wilkin203
Redwood170
Wadena150
Aitkin140
Big Stone140
Cass142
Kanabec141
Koochiching141
Marshall120
Grant100
Lincoln100
Pope100
Roseau100
Clearwater70
Mahnomen71
Lake60
Hubbard50
Traverse50
Lac qui Parle40
Stevens40
Red Lake30
Kittson20
Cook10
Lake of the Woods00

Iowa Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 30173

Reported Deaths: 718
CountyConfirmedDeaths
Polk6275178
Woodbury320144
Black Hawk218058
Buena Vista170511
Linn123882
Johnson12318
Dallas122329
Marshall103519
Story7463
Pottawattamie71911
Scott70410
Wapello70230
Crawford6752
Muscatine62444
Dubuque60922
Sioux4610
Tama45829
Wright3771
Louisa36013
Jasper32117
Plymouth3134
Dickinson2592
Warren2581
Washington2349
Hamilton1871
Webster1702
Boone1421
Cerro Gordo1381
Clarke1272
Clay1270
Allamakee1264
Mahaska11517
Shelby1110
Clinton1041
Poweshiek1048
Pocahontas931
Carroll911
Bremer906
Des Moines862
Henry853
Franklin840
Cedar801
Taylor790
Emmet780
Cherokee751
Monona740
Floyd682
Marion680
Hardin650
Guthrie644
Sac630
Benton621
Jefferson580
Osceola580
Jones560
Harrison530
Humboldt531
Butler522
Buchanan511
Iowa510
Lee502
Monroe506
Hancock490
Calhoun482
Delaware481
Lyon400
Madison402
Clayton393
Davis391
Mills360
Palo Alto360
Winneshiek360
Grundy350
Fayette340
Mitchell340
Kossuth330
Lucas304
Greene280
Howard280
Chickasaw270
Jackson270
Union270
Winnebago270
Ida230
Cass210
Appanoose203
Keokuk201
Page200
Van Buren190
Audubon161
Adair150
Ringgold150
Worth150
Decatur110
Montgomery102
Wayne90
Adams80
Fremont70
Unassigned70
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