Data from a new national survey conducted by Goldman Sachs 10,000 Small Businesses Voices reports that small business owners are being pushed to the brink with an unprecedented set of challenges hurting their bottom line.
Barber said the music venue was on a roll in October and November before being forced to shut down for two to three weeks in December due to the omicron surge. Goldman Sachs 10,000 Businesses Voices reports 87% of small businesses hiring said they can’t find qualified candidates while 97% said labor shortages are hurting their bottom line. That’s a 17% increase from September 2021.
“What we're asking for is to kind of just flip the light back on for some of the existing programs that have already been, even to some extent, have money left over that just need to be pushed open again so that small businesses can access,” said Wall.“I think Congress needs to really look at small businesses and how they could support them with workforce incentives and tax incentives going forward,” said Barber.