• Rental Cars, Like Everything, Are Getting Hard To Find And More Expensive Than Ever

    7 days ago - By Jalopnik

    Nobody is safe from the never-ending semiconductor shortage. Not manufacturers, who are unable to build new cars. Not consumers, who can't buy them. And not even rental car companies, which typically buy their fleets from automakers in bulk but have recently had to turn to purchasing used vehicles at auction due to...
    Read more ...

     

  • The US economy could leave $1 trillion on the table this decade because of a manufacturing worker shortage, study finds

    The US economy could leave $1 trillion on the table this decade because of a manufacturing worker shortage, study finds

    7 days ago - By Business Insider

    Workers build Ford F-150 trucks at one of the automaker's assembly plants.
    Associated Press
    Worker shortages at US manufacturers risk costing $1 trillion in output by 2030, a new study said.
    A multigenerational shift away from trade schools and manufacturing jobs is coming back to bite the sector.
    Training programs and more diverse hiring pools can make up for the millions of jobs at risk of going unfilled.
    See more stories on Insider's business page .
    US manufacturers face a two-pronged employment problem. In the near term, factories are having a hard time hiring just as the economy...
    Read more ...

     

  • Can't find chicken wings, diapers, or a new car? Here's a list of all the shortages hitting the reopening economy

    7 days ago - By Business Insider

    Empty shelves and shoppers are visible at a Target retail store during an outbreak of the COVID-19 coronavirus in Contra Costa County, Dublin, California, March 15, 2020.
    Photo by Smith Collection/Gado/Getty Images
    As the US economy increasingly reopens, the economy is seeing shortages of all sorts of items.
    If you've tried to buy a car or eat some chicken wings, you've probably noticed.
    Insider rounded up some of the major shortages across the US economy, and why they're lagging.
    See more stories on Insider's business page .
    Computer chips
    President Joe Biden holds a semiconductor chip at...
    Read more ...