Businesses Are Offering Applicants Incentives Amid Worker Shortage

The video discusses the national worker shortage in the US, highlighting how businesses are struggling to hire and retain employees despite offering incentives like bonuses and higher wages. The Labor Department reported only 266,000 jobs added in April, with unemployment at 6%. Various factors contribute to the shortage, including shifts to other industries, childcare responsibilities, and COVID-19 fears. Employers also face competition from enhanced unemployment benefits provided by the government.

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