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Falling short
Accounting firms feel labor squeeze
In the accounting field, the books are out of balance. Demand for the profession’s services is rising, which is one for the assets column, but on the debit side of
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Resetting the bar
Law firms consider mergers to meet staffing demands
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Two venerable Virginia law firms — Roanoke’s Woods Rogers PLC and Norfolk’s Vandeventer Black LLP — combined forces in July 2022, creating the state’s fifth largest firm, Woods Rogers Vandeventer
Va. nursing homes, assisted living facilities struggle with staffing
Survey shows facilities need nurses
Published
Virginia’s nursing homes and assisted living facilities continue to struggle with staffing shortages, according to a Virginia Health Care Association-Virginia Center for Assisted Living survey released in December. Of 154
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Barkin: To address inflation, U.S. must rethink labor
Labor shortage likely to continue, Richmond Fed chief says
Published
As the U.S. moves to a short-labor environment, it will be necessary for businesses, governments and nonprofits to reassess their approach to labor, Federal Reserve Bank of Richmond President and
Va. CEOs say labor shortages, inflation hurting business
Sales, employment expectations lower than Q1, Q2
Published
Labor shortages and inflation are negatively impacting Virginia businesses, and expectations for sales, employment and capital spending are less positive than during the previous two quarters, according to the third
Fifth District economy little changed since August, Fed says
Demand for several sectors drops in face of inflation
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The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been largely unchanged since August, according to the
COVID challenges continue for Va. restaurants
Restaurant owners cope with rising costs, labor shortages
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Liz Kincaid faced a major problem in August after the walk-in refrigerator in one of her Richmond restaurants — Max’s on Broad — broke. Her usual supplier told her the
Va. CEOs expect increased sales despite shortages
In Q1 survey, 70% expect sales to increase in next six months
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About 70% of CEOs expect sales to increase in the next six months, despite supply chain and labor shortages, according to the first quarter CEO Economic Outlook survey conducted by
Fifth District economy growth is moderate, Fed says
Rising fuel prices, labor and supply shortages limit growth
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The Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) continued to grow moderately despite supply chain issues, labor shortages and rising prices, according to
SWVA initiative seeks to attract remote workers
Project Fuse aims to interest businesses with remote employees
Published
Project Fuse, a regional cooperative initiative to make Southwest Virginia the location of choice for remote employment, launched Friday with the release of a playbook to attract businesses. “The global