Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Anthony LoPinto

Tuesday morning the Wall Street Journal ran a front page article reporting that small firms are hiring employees at the lowest rate in eight years, and it’s not because they aren’t hiring. “Tiny” companies (defined as twenty employees or less) are struggling to attract and retain workers in the tightest job market in over fifty years. The tight job market is also putting pressure on wages because small firms experience a double whammy as bigger firms can pay more putting even greater pressure on what tiny companies can afford. 17% of private sector workers, about 21 million, work at companies with twenty or fewer employees.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.