Is the US running out of job seekers?

Share this article

The US appears to be running out of job seekers, says Peter Coy on Bloomberg. The employers who lost their workers have to come up with ways to entice them. California-based door and window manufacturer Sierra Pacific Industries is “so desperate to fill openings that it’s offering hiring bonuses of up to $1,500”.

Meanwhile, Red Bluff Job Training Center, also based in California, “is trying to lure young people in with extra-large pizzas”. A record 42% of small businesses said in a recent survey that they had jobs they couldn’t fill, compared with an average of 22% since 1974. It could be due to “generous unemployment benefits”, fear of Covid-19, or would-be workers loss of”gumption”.

However, for those looking to work but sick of doing so from home, a new “pay-by-the-minute desk in a booth” workspace has cropped up in Singapore, says Tim McDonald on
the BBC.

The pods, created by Singaporean company Switch, cost £2.15 per hour and follow similar booths that have been around for years in Japan. Though a tad “utilitarian”, the compact booths boast VWi-Fi, a fan, and an “unremarkable” chair. But “the main selling point… is that it’s not your living room.”

Kris Paterson is a writer for

Similar Articles

Don't Miss

Navy Will Cut 500 Civilian East Coast Jobs

To fulfil Navy Region Mid-Fiscal Atlantic's Year 2022 budget objective, 500 Navy civilian employees on the East Coast will be laid off, and port activities would be limited to daylight Monday through Friday.

Fed signals bond-buying taper may start soon

As the US central bank's shift away from economic crisis measures gets traction, the Federal Reserve indicated on Wednesday that it will likely begin cutting its monthly bond purchases as soon as November, and that interest rate hikes may come sooner than planned.

Should staff return to the office?

For example, it may persist with current Covid-19 precautions in the workplace, requiring employers to plan for social distancing and to provide extra hygiene facilities. There may also be special arrangements in place for Vulnerable workers, such as pregnant women and those who have been shielding during the crisis