7 Stocks Winning the Hiring Crisis of 2021
It's been nearly two months since I wrote about the staffing crisis of the hospitality industry, detailing the surprising labor shortage in an economic recovery. If you're finally starting to revisit your favorite restaurants only to find that they're understaffed or shortening their hours you know exactly what I'm talking about.
The phenomenon isn't limited to just local eateries, of course. We've seen regional amusement park operators trim their operating calendars, and even American Airlines Group is canceling hundreds of flights this summer in part because of a staffing crunch.
This has become a politicized issue, but as I pointed out two months ago this isn't just about industries underpaying their workers or younger folks moving back in with their parents and getting by on government subsidies. A workforce revolution happened during the COVID-19 shutdown. A lot of people embraced side hustles, and they seem to like the scheduling flexibility and open-ended earning opportunity of hopping into the gig economy. Let's go over a few of these companies cashing in on the trend.
Source Fool.com
