Article from today as well, and the CEO of Best Buy lists the REAL reasons they are having trouble. And surprise, Unemployment isn't one of them:
The economy is recovering but plenty of pandemic-era problems remain: Working parents are struggling to find adequate child care, and people in jobs that require face-to-face interactions must weigh the health risks of returning to work.
www.cnn.com
There are four
major reasons for this, she added.
The first is the ongoing struggle of parents dealing with children at home. "There is a real lack of childcare that still exists," Barry said.
Secondly, "there are still health concerns," Barry said. "And people who maybe don't want a career in retail due to health concerns."
Third, retail is among the jobs that have changed most heavily over the last year. At many companies staff members were turned into essential front-line workers overnight, as unlike those in other industries they couldn't work from home. Not every retail worker may want to continue to sign up for that as the pandemic continues.
Finally, companies like Best Buy are facing more competition for staff. Major companies including Under Armour (
UA), Amazon (
AMZN) and Walmart (
WMT), have
raised their minimum wage to attract workers.
And picking a job during these times is no longer just about money.
Now, said Barry, "it's about a wholesome set of benefits that we can put in place, and flexibility that we can put in place, so that we're able to retain a diverse workforce."