Blame the baby boomers for the housing shortage, Redfin says
National Association of Home Builders CEO Jim Tobin provides expert analysis of the U.S. housing market as demand falls due to rising interest rates. Struggling to find a home for sale? Older Americans may be to blame, according to a new report. Survey results published by real estate brokers redfin show The baby boomer generation, […]
Connecticut cannabis shortage contrasts with neighboring New York’s oversupply
Cannabis retailers in Connecticut say they are running out of product to sell because of a lack of licensed growers in the state’s nascent legal cannabis industry. Supply issues surfaced last year as retail growth in neighboring New York state slowed and New York producers struggled with a counter-supply glut. Both problems seem easy to […]
Could a security guard shortage be solved with this autonomous security robot?
In the United States, security guards are in high demand but in short supply. The U.S. Bureau of Labor Statistics reports that the security guard occupation is expected to grow by 6.3% over the next 10 years, but many factors prevent people from entering the profession. To address this challenge, one company has developed an […]
There’s a shortage of accountants in the U.S. Here's what to do if you can’t find one for tax season – CNBC
Alvaro Gonzalez | Moments | Getty Images Accounting has a reputation for long hours and stressful deadlines, leading college students to choose other high-paying jobs in the financial field, such as investment banking, consulting, and data analysis. Declining birth rates are also contributing to the shortage of accountants, said Henry Guses, principal manager of tax […]
Maine looks to migrant surge to remedy worker shortage
Maine Gov. Janet Mills and a state lawmaker from Somalia unveiled a proposal Friday that seeks to solve the state's severe labor shortage by tapping into its rapidly growing immigrant community. Maine has traditionally had one of the lowest immigrant populations in the country. According to the 2020 U.S. Census, only about 4% of the […]
DHL CEO says Red Sea disruption could lead to shipping container shortage
Lt. Col. Darin Gaub, a retired U.S. Army Black Hawk helicopter pilot, says the only hope for de-escalating conflicts in the Middle East is for Israel to remain on the defensive. DHL CEO Tobias Meyer said on Wednesday that the continued disruption of global trade due to Houthi rebel attacks in the Red Sea could […]
The housing shortage is finally coming to an end
Realtor.com Chief Economist Daniel Hale analyzes housing affordability on “Maria Bartiromo's Wall Street.” number of houses for sale Market prices rose for the second consecutive month in December as the severe housing shortage finally began to ease. The total number of homes for sale, including homes under contract but not yet sold, increased 4.9% in […]
Tesla Shuts Down Factory as Houthi Attacks Cause Parts Shortage
Tesla has stumbled with “just-in-time” logistics and halted production at its Gigafactory in Brandenburg, Germany, for two weeks as an Iranian-backed drone and missile attack on a cargo ship in the Red Sea disrupted its supply chain. Tesla was forced to halt production at its Gigafactory in Grünheide, Brandenburg, outside Berlin, due to delays in […]
South Koreans Struggle Through Four-Day Funerals Due to Crematorium Shortage
Korean population crisis The world's lowest birth rate is to blame, but there are also problems at the other end of the life cycle, according to Tuesday's report. Korea JoongAng Ilbo (KJD) report Families in South Korea say they are having trouble cremating the dead because crematoriums have limited capacity and the number of deaths […]
America’s teacher shortage exacerbates existing inequities in education
Stories about the national teacher crisis have been making headlines lately. Many people suggest a teacher workforce crisis caused by low retention rates and a small number of qualified teachers. While the reality of the devastating teacher shortage continues to be debated, it is clear that teaching is not a profession for the faint of […]