HomeAMERICAChamber of Commerce chief says labor shortage is top business problem, praises...

Chamber of Commerce chief says labor shortage is top business problem, praises infrastructure deal

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1 problem facing American businesses is the inability to hire enough qualified workers, the chief executive of the US Chamber of Commerce said on Thursday.

Susan Clarke, who appeared on Acesparks’s “Squawk on the Street,” blamed the widespread shortage of skilled labor, COVID-era government jobless benefits, lack of access to child care and employers’ difficulty finding employees on work visas attributed the ban.

“I get to talk to job seekers across the country: small businesses, big businesses. In every industry, in every geography. And they keep bringing up the labor shortage: This is the first thing I hear about ,” He said. “There’s a lot of worry there.”

Clarke, the first woman to lead the 100-year-old chamber, said there are a record 9.3 million job opportunities nationwide as more firms opened up after the coronavirus pandemic.

The Labor Department reported last month that leisure and hospitality grew 32.7% in job availability in April, the sector hit hardest by the public health crisis and subsequent lockdowns.

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Wall Street will take note of the department’s latest update on Friday for its monthly jobs report, showing how many non-farm payroll companies were added during June.

According to economists surveyed by Dow Jones, employers have added a healthy 706,000 jobs a month and the unemployment rate is projected to be as low as 5.6%.

Clark, who leads the most powerful mouthpiece of corporate America in Washington, praised a $1.2 trillion physical infrastructure deal between the White House and a bipartisan group of senators.

“We’re thrilled about it. It’s important roads, ports, bridges, airports, but it’s also rural broadband. It’s also moving beyond the drinking pipe across the country,” she said. “It’s a good deal. It does this without raising taxes and we have our full support.”

US Chamber of Commerce President and CEO Suzanne Clark.

Salwan Georges | Washington Post | Getty Images

Clark said she was optimistic about the bill’s odds in Congress, despite some opposition from Progressive Democrats. House Speaker Nancy Pelosi, D-Calif., has made it clear that her chamber will not take up the physical infrastructure bill without a separate legislation to expand climate change initiatives, worker training facilities and worker leave benefits.

President Joe Biden will resume a roadshow explaining the deal later this week, when he is scheduled to travel to Michigan.

“Ultimately, lawmakers understand what’s important to their districts and they understand why to do so,” Clark said. “We’re going to talk to each and every one of them and remind them what it means for jobs and productivity in their district. What it means for their bridges, what it means for their drinking water. is.”

“There are so many good things in this bill that every MP is finding it hard to explain why they don’t want this good stuff at home.”

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