Inflation and the availability of stay-at-home options have contributed to Long Island’s persistent labor deficit.

Increasing Golden Coins With Red Arrow Showing Upward Direction

During the height of the epidemic, a labor shortage occurred, which is now affecting Long Island.

According to a number of tourism-dependent businesses, the lack of holidaymakers has harmed their summer.

In his 35 years of company, Stu Feldschu, owner of Snowflake Ice Cream in Riverhead, has never seen such a labor shortage.

Feldschu adds, “We’d want to be open longer, but we’re shutting a little earlier and opening a bit later since we don’t have enough customers.”

According to Tom Fletcher, an economics professor at Suffolk Community College, extraordinary inflation has diminished the buying power of consumers.

He says that this, along with the desire of many to work from home, has resulted in fewer people seeking employment.

“Workers will decide, ‘Is it worthwhile for me to go to work depending on how much they’re making?'” says Fletcher. Therefore, we will often advise individuals to increase pay and reduce costs elsewhere.

In contrast, business owners report that their expenses have increased across the board.

The Long Island Aquarium’s Bryan DeLuca explains, “If you post a job ad, you may get one applicant for an interview.”

According to experts, the issue will not be settled anytime soon. According to them, individuals are seeking higher-paying jobs as well as those that enable them to work from home.

Smithttown Weather

September 26, 2022, 9:41 am
 

SW
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humidity: 91%
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sunset: 6:43 pm
Forecast September 26, 2022
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