Braking Down The News

Why Are Businesses Hiring Workers in Droves as Recession Risks Mount?

Despite a contracting economy, demand for labor remains well above the number of available workers

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After a banner year, Bird-in-Hand Family Inn in Lancaster County, Pa., is feeling the effects of a slowing economy.

Higher gas prices, elevated inflation and economic uncertainty have likely deterred some people from traveling to the Pennsylvania Dutch Country hotel, said the general manager, Tammy Portner-Smith. Bookings were down about 13% in July from a year earlier. The company has put some expansion plans on hold, such as building a bigger musical stage for inn guests and others to attend performances and converting some rooms into larger suites with farm-theme décor.

 

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