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Iowa's economic recovery poses challenges/opportunities for state's small businesses

Added 03-08-21 02:23:02pm EST - “A net 18% of small business owners said they plan to create new jobs in the next three months, according a February 2021 survey conducted by the National Federation of Independent Business.” - Washingtonexaminer.com

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Posted By TheNewsCommenter: From Washingtonexaminer.com: “Iowa’s economic recovery poses challenges/opportunities for state’s small businesses”. Below is an excerpt from the article.

A net 18% of small business owners said they plan to create new jobs in the next three months, according a February 2021 survey conducted by the National Federation of Independent Business.

The survey included responses from 678 businesses, including some Iowa businesses, NFIB Senior Media Manager Emily Carlson told The Center Square.

On the national level, 33% of businesses have openings for skilled workers (up five points) and 16% have openings for unskilled labor (up four points) and 40% of owners reported job openings they could not fill in the current period, up seven points from last month, according to the NFIB survey.

Additionally, 56% of small business owners reported hiring or trying to hire in February, which is up five points from January 2021.

Matt Everson, National Federation of Independent Business State Director in Iowa, said that Iowa’s economy is returning to a familiar problem as the economy opens back up – finding qualified workers to fill job openings so that small businesses can continue to grow.

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