Inflation and Hiring Woes Dampen Small Business Optimism, NFIB Survey Finds
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Small business owners are not feeling optimistic due to inflation and hiring struggles, per NFIB survey.
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Inflation remains the top concern for small business owners.
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Few small business owners expect better business conditions in the next 6 months.
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43% of owners said job openings were hard to fill.
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Majority of owners attempted to hire but struggled to find qualified applicants.
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The NFIB Optimism Index fell 0.1 points in October, marking 22 straight months below historical average.