Discussion Paper
Fifth District Employment: Findings From the June Business Surveys
Abstract: In our June business surveys1, we asked Fifth District firms how their ability to hire workers has changed since last year and what their expectations are for their workforces over the next six months. Firms reported little change in their ability to hire workers compared to this time last year. Moreover, firms that experienced changes in their ability to hire workers, for better or for worse, cited changes in the labor pool — both in size and skills available — as the driving factor. Over the next six months, most firms expect to hold headcount steady. However, the minority of firms planning on reducing headcount intend to do so through attrition.
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https://www.richmondfed.org/region_communities/regional_data_analysis/regional_matters/2025/findings_june_business_surveys
Description: Discussion Paper
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Provider: Federal Reserve Bank of Richmond
Part of Series: Regional Matters
Publication Date: 2025-06-24