Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Showing Original Post only (View all)

mahatmakanejeeves

(62,122 posts)
Sun Feb 6, 2022, 05:39 PM Feb 2022

Worker Absences From Covid-19 Hold Back Companies' Growth [View all]

BUSINESS

Worker Absences From Covid-19 Hold Back Companies’ Growth

The Omicron variant has hit staffing hard, and lingering pressures remain for some employers

By Lauren Weber and Chip Cutter
https://twitter.com/laurenweberwsj
Lauren.Weber@wsj.com
https://twitter.com/ChipCutter
chip.cutter@wsj.com
Updated Feb. 6, 2022 10:50 am ET

Employers from McDonald’s Corp. to home builder PulteGroup Inc. said staffing pressures caused by hiring challenges and surging Covid-19 cases suppressed growth or cut into operations in the fourth quarter.

While pressures may be easing in some aspects for large companies, indicating a diminishing effect from the Omicron variant going forward, labor challenges and other concerns remain.

TO READ THE FULL STORY
SUBSCRIBE
SIGN IN
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Issue Forums»Economy»Worker Absences From Covi...»Reply #0