Lincoln business says low unemployment rate is creating hiring challenges

LINCOLN, Neb. (KLKN) – The unemployment rate has been below 4% for more than two years now, the longest streak since the 1960’s.

That’s because the economy’s growth over the last several years has coincided with a strong job market according to Federal Reserve Chair Jerome Powell.

Pratik Ghimire, manager at The Oven, said it’s gotten competitive trying to hire new employees.

“It’s kind of tougher than before, I definitely see that contrast after COVID,” he said. “We get a lot of people come in, but it’s very short lived. I talk to a lot of bars and restaurants around us and it’s kind of like the same problem everybody’s facing.”

Ghimire said the restaurant is “constantly” hiring and will often employ UNL students.

But it can be tough to draw them in with so many other places doing the same thing.

He posts about job openings online, puts ads in the student union on campus, and even incentivizes their positions with benefits.

“If they sell enough, we give a nice bottle of wine to them,” Ghimire said. “We give them free food, not all the restaurants give free food. And discounts on when they take their food.”

In February, the U.S. economy added more than 270,000 jobs, according to the Bureau of Labor Statistics.

Ghimire said as Lincoln continues to grow, finding a job won’t be very difficult.

“When the COVID thing happened it was tough,” he said. “But right after that, suddenly a flood of job openings. I think it’s a little easier.”

SEE ALSO: ‘It was my last chance’: Lincoln man says he’s proof of job programs’ success

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