Shortage Of Workers To Fill Jobs Leading To Higher Costs For Consumers
SACRAMENTO (CBS13) - On the road to reopening, more jobs are hitting the market. But there may be more jobs than people who want to take them.
Brasserie Capitale is among the many businesses looking to hire, even using social media posts to advertise jobs. Others are considering a more competitive wage, and financial experts say that could cost you.
"All of us who are working have to work harder and work more," said Aziz Bellarbi-Salah, the restaurant's general manager. He says the problem is being felt across the service industry.
"There is definitely a glut of jobs and a lack of hands to fill positions," he said.
Bartenders, servers, kitchen staff -- a quick search online can show thousands of open jobs across the Sacramento region. Restaurants, too, aren't alone.
"Friends of mine in office and in corporate are looking for hands, too," said Bellarbi-Salah. The issue has been ongoing for months now.
CBS13 wanted to know, at what point does it cost the consumer? Financial expert Sanjay Varshney weighed in.
"Those labor costs in most cases -- 99.9% of the time will be passed onto the consumer, and it's already happening," Varshney said.
Prices could be on the rise in some cases, as some businesses may have to utilize more competitive wages to attract employees as many ride out unemployment benefits.
Varshney believes this current market is 'transitory,' and won't be around for too long.
"I do expect this shakeout to take place over the next few months," Varhsney said. "By this time next year, we're going to be in a much more positive environment."
In the meantime, Bellarbi-Sellah keeps waiting, eager to grow his staff.
"Anybody out there looking for a good solid gig," he said. "I'd love to have you on one of my teams."
Brasserie Capitale is hosting an open house on Wednesday afternoon to meet people face to face. Other businesses, like local gas stations, are welcoming people to walk in during certain hours for an interview.
