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Business Highlights: Holiday Staffing Woes, Growth Downgrade

Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely theyll find all the workers they need. For shoppers, it might mean a less than jolly holiday shopping experience, with bare store shelves and online orders that take longer than usual to fill. Employers are so desperate to find holiday workers theyre raising pay above $15 an hour, offering fourfigure signon bonuses and promising to pay their schooling. If they cant find the workers they need, employers will likely rely on existing staff to work more overtime, which can become costly for businesses and lead to burnout for workers. - via

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