America’s small businesses still can’t find workers, but that’s not their biggest problem

KEY POINTS

• There are more than 10 million open jobs in the U.S., the highest level ever, and over one million more jobs than unemployed people.

• Almost one-third of small business owners say they have had open positions they are unable to fill for at least three months, double the level from a year ago, according to the Q3 2021 CNBC | Momentive Small Business Survey.

• Over 40 percent are experiencing a rising cost of worker wages.