Hearing: How the Opioid Epidemic Affects Small Businesses
January 1, 2019
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The Frame
This hearing documents the federal government's investigation into how the opioid epidemic contributes to labor shortages for small businesses, which affects hiring practices and workforce availability nationwide.
Potentially affected actors named in the source documents. Mention is not a position.
Small business owners
They face challenges in recruiting and retaining qualified employees due to the impact of the opioid epidemic on the labor force.
Working-age individuals
The committee noted that many are not participating in the labor force due to opioid addiction.
Last recorded activity January 1, 2019.
Next step not available in the current record.
Summary
Key Facts
- The hearing took place on September 13, 2018, in the Rayburn House Office Building.
- In 2015, an estimated two million workers were not in the labor force due to the opioid epidemic.
- According to the National Safety Council, over 70 percent of U.S. employers have been affected by employees' prescription drug use.
- The NFIB Small Business Optimism Index reached a record high in September 2018.
- 62 percent of small businesses reported trying to hire new employees, with 89 percent of those reporting difficulty finding qualified applicants.
- 25 percent of small businesses cited finding qualified workers as their single biggest problem as of September 2018.
- President Trump declared the opioid epidemic a public health emergency in September 2017.
Frequently Asked Questions
Why is the Small Business Committee investigating the opioid epidemic?
What data was presented regarding small business hiring?
Why It Matters
This hearing documents the federal government's investigation into how the opioid epidemic contributes to labor shortages for small businesses, which affects hiring practices and workforce availability nationwide.
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Labor Market Impact of Public Health
The committee explicitly linked the opioid public health emergency to macroeconomic labor force participation rates.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance65How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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