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Small Businesses Struggle to Fill Jobs Amid Tight Labor Market

3/7/2026

32 7 Full Breakdown

Summary

Story summary

National Federation of Independent Business (NFIB) reports the Small Business Employment Index at 103.5 in February, signaling a tight labor market.
In February, 33% of small business owners reported unfilled openings and 28% sought skilled workers.
A net 12% plan exists to create new jobs, the lowest since May 2025, while 54% are hiring.
46% face difficulty filling roles, 34% raised compensation, and 22% plan to do so.

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Story summary

National Federation of Independent Business (NFIB) reports the Small Business Employment Index at 103.5 in February, signaling a tight labor market.
In February, 33% of small business owners reported unfilled openings and 28% sought skilled workers.
A net 12% plan exists to create new jobs, the lowest since May 2025, while 54% are hiring.
46% face difficulty filling roles, 34% raised compensation, and 22% plan to do so.