Best Buy CEO: These 4 challenges are why it's hard to hire workers right now - News Summed Up

Best Buy CEO: These 4 challenges are why it's hard to hire workers right now


New York (CNN Business) The economy is recovering but plenty of pandemic-era problems remain: Working parents are struggling to find adequate child care, and people in jobs that require face-to-face interactions must weigh the health risks of returning to work. Best Buy BBY Big retailers are taking notice,CEO Corie Barry told CNN Business' Nathaniel Meyersohn during a media call discussing the company's earnings Thursday. Even as sales are ramping up, Best Buy is seeing a dip in job applications — although it does still receive more applications than it has open positions, Barry said. The first is the ongoing struggle of parents dealing with children at home. "There is a real lack of childcare that still exists," Barry said.


Source: CNN May 27, 2021 17:48 UTC



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