Shortage

UpCity Survey Results: 46% Of SMBs Are Using AI While Growing Their Team In 2022

Retrieved on: 
Monday, July 25, 2022
GLOBE, Consultant, SMB, Research, B2C, Interview, Bank, Shortage, Artificial intelligence, Small business, Engineering, B2B, SVP, Workflow, AI, Medical device, Milk, Sales

53% of B2B small businesses first started using AI tools as a result of the labor shortage.

Key Points: 
  • 53% of B2B small businesses first started using AI tools as a result of the labor shortage.
  • Meanwhile, 40% of B2C small businesses increased their existing use of AI tools once the shortage began.
  • 35% of small businesses, regardless of revenue, had a monthly AI tools budget of $1,001-$5,000 both pre-COVID and now in 2022.
  • 22% of both B2B and B2C businesses said that they currently use text AI tools most frequently.

Over Half of Restaurants Say Business Has Reached Pre-COVID Levels or Better, But They Can't Meet Demand, According to Popmenu Study

Retrieved on: 
Thursday, June 23, 2022
Time, Weather, CEO, Road, Summer, Human, Shattered City: The Halifax Explosion and the Road to Recovery, Bird, Food, Table, Social media, Reservation, COVID, Restaurant, Shortage, AI, Pharmaceutical industry

However, a significant percentage voiced concern that another COVID wave this summer could shutter their business for good.

Key Points: 
  • However, a significant percentage voiced concern that another COVID wave this summer could shutter their business for good.
  • 30% of restaurant owners and operators say their business has returned to pre-COVID levels while 25% say business has surpassed pre-COVID levels.
  • 29% expect business to return to pre-COVID levels in the second half of 2022 while others anticipate it will take longer to recover.
  • Popmenu specializes in transformative online and on-premise technologies that help restaurants increase brand visibility, guest engagement, revenue and profitability.

Umpqua Bank's 2022 Business Barometer: In Rapidly Changing Economy, Business Leaders Pivot as Inflation, Workforce Transformation Test Resiliency

Retrieved on: 
Tuesday, June 21, 2022
Zero, Bloomberg Businessweek, Community, Moderate, Fast Company, Significance, The Wall Street Journal, Gallup's most admired man and woman poll, Environment, FORTUNE, Research, GDP, Umpqua Holdings Corporation, Efficiency, Sense, Business, Public sector banks in India, Optimism, UMPQ, Growth, NASDAQ, Workforce, Computer security, Umpqua Bank Plaza, Partnership, CNBC, Multimedia, COVID, Shortage, American City Business Journals, Face, Public policy, Retail, Risk management, Renewable energy, Creative industries, Airline, Online shopping

PORTLAND, Ore., June 21, 2022 /PRNewswire/ -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), today released its annual 2022 Business Barometer, an in-depth study into the mood, mindset, and strategic priorities of leaders at small and middle market companies across the United States. This year's report finds small and middle market businesses pivoting from recent pandemic-era strategies as they face mounting pressures that now include rising inflation and interest rates, in addition to accelerating challenges associated with supply chain disruption and workforce transformation.

Key Points: 
  • Within that context, Umpqua Bank's 2022 Business Barometer reveals important differences from previous years.
  • "The past few years represent a remarkable period of disruption and resilience for U.S. businesses," said Umpqua Bank President Tory Nixon.
  • Instead, middle market companies are shifting focus to address workplace transformation and its accompanying labor shortage, which continue to accelerate.
  • The Umpqua Bank 2022 Business Barometer, conducted annually, surveyed 1,210 owners, executives, and financial decision-makers from U.S. small and middle-market companies.

sunday Announces New Ordering Capabilities to Enhance Existing Payment Solution

Retrieved on: 
Wednesday, March 23, 2022
Risk, Lancelot de Mole, Smartphone, Restaurant, POS, CEO, Patronage concentration, Habit, QSR, Industry, Technology, Time, Citipati, House, GLOBE, Table, Shortage, QR, Efficiency, Lugger, Cryptocurrency, Food delivery

ATLANTA, March 23, 2022 (GLOBE NEWSWIRE) -- Today sunday , the worlds fastest restaurant payment solution, announced its new Order & Pay capabilities.

Key Points: 
  • ATLANTA, March 23, 2022 (GLOBE NEWSWIRE) -- Today sunday , the worlds fastest restaurant payment solution, announced its new Order & Pay capabilities.
  • sunday aims to ease operational pressures, such as a severe labor shortage, by delivering a robust technology solution to the hospitality industry at large.
  • Additionally, another fifteen minutes per table on average is wasted on payment during onsite dining.
  • Restaurants can easily adopt sundays open-ended payment processing interface as it seamlessly integrates across a wide range of POS systems.

Talent Acquisition Week Set to Provide Recruiting Professionals with New Tools to Face the Post-Pandemic Environment

Retrieved on: 
Friday, January 14, 2022
Karma, Technology, Conference, Bias, Lighthouse, Equity, GLOBE, Credit Karma, Employment, Shortage, Twitter, TA, Acquisition, Video game, Creative industries

This years Talent Acquisition Week is the premier event for recruiting professionals looking to improve their processes through strategic improvements and partnerships.

Key Points: 
  • This years Talent Acquisition Week is the premier event for recruiting professionals looking to improve their processes through strategic improvements and partnerships.
  • The ever-evolving labor market of 2021 has led many to rewrite their talent acquisition playbooks, eschewing traditional practices to adjust to new and rapidly evolving employment paradigms.
  • The five-day Talent Acquisition Week will focus on a single, unique topic for each session, including Social Recruiting Strategies, Talent Sourcing Strategies, Diversity, Equity & Inclusion, Employer Branding Strategies, and Talent Data Analytics.
  • With the upcoming Talent Acquisition Week event featuring a unique amalgamation of three separate talent acquisition conferences, attendees will have an unmissable opportunity that will equip them with the knowledge to ensure their teams can effectively manage and improve upon their talent acquisition strategies for a post-pandemic environment.

Shortage.finance Adding Value to Users through Its Ethereum-backed Token

Retrieved on: 
Wednesday, December 29, 2021
Ethereum, Industry, GLOBE, Friends, Sale, Ownership, RTG, Social media, Shortage, ETH, Cryptocurrency

This factor is mainly due to its target to add more value as time goes by, incentivizing its holders to store the currency.

Key Points: 
  • This factor is mainly due to its target to add more value as time goes by, incentivizing its holders to store the currency.
  • It also assures users that there is no team to claim any portion of the supply or change the dynamics of how the token and its smart contract works.
  • The first unique thing to understand about the RTG token is that there will be no official presale.
  • The project has a great focus on liquidity and burning the token during its existence in the industry.

Cielo Survey Finds That 50% of HR and Talent Acquisition Professionals in APAC Face Challenges in Quality of Hire

Retrieved on: 
Friday, October 8, 2021
Lists of countries and territories, Automation, AI, Acqui-hiring, Digital, Attention, TA, HR, Gaps, RPO, CRM, DEI, Shortage, Cielo, Talent management, Region, Zimmer Biomet, Executive search, Partnership, Acquisition, Research, Creative industries, Sales, Public relations, Management

Furthermore, talent acquisition professionals today are increasingly challenged with attracting a future-proof talent pool and ensure new hires meet organisational objectives.

Key Points: 
  • Furthermore, talent acquisition professionals today are increasingly challenged with attracting a future-proof talent pool and ensure new hires meet organisational objectives.
  • However, APAC diverges from this global trend, identifying quality of hire as the main challenge at 46.2% - skills shortage ranks second, jointly with time to hire at 35.4%.
  • Furthermore, this challenge is exacerbated for APAC respondents that do not leverage RPO models compared to those that do (26.7%).
  • "Skills-based talent acquisition has the potential to address many of APAC's unique concerns, as well as those which the region shares with talent acquisition teams worldwide.

Labour shortage is limiting the growth of most Canadian businesses: BDC study

Retrieved on: 
Wednesday, September 29, 2021
Research, Small business, Solution, Ageing, BDC, SME, Population, Shortage, Entrepreneurship, Growth, Agriculture, Risk, COVID-19, Arm, Automation, SBW, Industry, Oil, Animal

"As the economy recovers, this scarcity of workers is reaching worrying heights, putting economic growth at risk and compromising the competitiveness of Canadian businesses," says Pierre Clroux, Vice President, Research and Chief Economist at BDC.

Key Points: 
  • "As the economy recovers, this scarcity of workers is reaching worrying heights, putting economic growth at risk and compromising the competitiveness of Canadian businesses," says Pierre Clroux, Vice President, Research and Chief Economist at BDC.
  • "Fortunately, while labour shortage is here to stay, entrepreneurs can take key actions to limit the impact of this situation on their growth."
  • Canada's labour shortage has been a challenge for a decade due to an aging population, but the COVID-19 pandemic accentuated it.
  • For more than75 years, BDC's only purpose has been to support entrepreneurs in all industries and at all stages of growth.

2021 Skilled Trades in America: From Great Resignation to Great Opportunity

Retrieved on: 
Tuesday, September 21, 2021
BIPOC, Perception, Shortage, Light, ACS, Mark (given name), Ageing, NASDAQ, Workforce, Research report, Entrepreneurship, Job satisfaction, CEO, Growth, Woman, Female, COVID-19, ANGI, Work, Industry, American Community Survey, Construction, Management

DENVER, Sept. 21, 2021 /PRNewswire/ -- While U.S. workers express discontent in their jobs and careers leading to what is now called "The Great Resignation," there is one industry that stands apart: the skilled home trades.

Key Points: 
  • DENVER, Sept. 21, 2021 /PRNewswire/ -- While U.S. workers express discontent in their jobs and careers leading to what is now called "The Great Resignation," there is one industry that stands apart: the skilled home trades.
  • According to Angi 's second annual Skilled Trades in America Report, job satisfaction in the skilled trades remains remarkably high, with 83% of tradespeople satisfied in their choice of work.
  • Meanwhile, the top driver for overall satisfaction in the skilled home trades is the meaning and value in the work.
  • "It's time to recognize that the skilled trades offer the opportunity for people to find engaging and high-paying careers.

Nearly Half of Prospective Home Buyers Under 45 Have Considered or Are Considering Moving Out of Ontario Due to Housing Affordability

Retrieved on: 
Tuesday, July 13, 2021
Articles, Economy, Market, Scarcity, Affordable housing, Economic inequality, Shortage

More than half of these aspiring buyers (56%) are pessimistic about the possibility of buying a home in the community they want to live in.

Key Points: 
  • More than half of these aspiring buyers (56%) are pessimistic about the possibility of buying a home in the community they want to live in.
  • Not addressing the housing supply shortage could have a detrimental effect on Ontarios competitiveness and ability to retain talent.
  • The majority (68%) agree that there are things the Ontario government could do to make the housing market more affordable.
  • Almost half of Ontarians believe that residential construction will be key to economic growth and job creation when the pandemic is over.