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Yahoo Finance: Small Business Owners Struggle To Find Qualified Job Applicants

Yahoo Finance: Small Business Owners Struggle To Find Qualified Job Applicants

Finding employees with the appropriate skills is the number one challenge currently facing business owners during the hiring process.

America’s small-business owners have gotten slightly more optimistic recently but still have a number of business worries, according to a new report from a small-business trade group.

High on their list of concerns is difficulty finding qualified applicants, according to that report from the National Federation of Independent Businesses (NFIB). Another recently released report, this one from Babson College, a private business school in Wellesley, Mass., found the No. 1 challenge business owners face when hiring qualified applicants is finding employees with the appropriate skills.

The Babson survey looked at a pool of 1,800 small business owners across the US, which included owners from the Goldman Sachs 10,000 Small Businesses program and a comparative random sample of businesses, and found the so-called skills gap was their biggest hiring challenge.

Meanwhile, the NFIB report analyzed 700 responses from small-business owners, 48% of whom said they could find few or even no qualified applicants for the jobs they were trying to fill.

To read the full Yahoo Finance article, click here.

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Cassidy McAloon

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Cassidy McAloon

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Cassie has over five years of digital and traditional media experience. She joined NLA after working as a television news producer in both Milwaukee and Chicago, and now specializes in aligning strategies across the board for her clients, ultimately building buzz and telling compelling stories through content marketing, social media, digital campaigns and traditional PR.

Cassie has a Bachelor of Arts in Broadcast and Electronic Communications from Marquette University. In her spare time, Cassie enjoys traveling and exploring what new cities have to offer in addition to spending time with her friends and family.