The Small Optimism Index increased 1.6 points in April to a level of 99.8, according to the National Federation of Independent Business.
The Optimism Index has increased 4.8 points over the past three months. Despite the increase, a record 44% of small business owners reported job openings that could not be filled, up from 42% in March, according to NFIB.
“Small business owners are seeing a growth in sales but are stunted by not having enough workers,” stated NFIB Chief Economist Bill Dunkelberg. “Finding qualified employees remains the biggest challenge for small businesses and is slowing economic growth. Owners are raising compensation, offering bonuses and benefits to attract the right employees.”
The full NFIB report can be found here.
