I’m Clinton Griffiths with today’s AgDay Minute.
As the labor shortage continues to play out across the country, we’re getting a better picture of the important role the agriculture industry plays in the job market. Ag and food sector jobs account for just over 10-percent of all US employment. That’s equal to 19.7 million full, and part-time jobs. Jobs on the farm account for 2.6 million of the jobs, 10.5 million jobs were in the foodservice industry, which includes restaurants.
Did you get some holiday shopping done over the weekend? Industry estimates suggest online retail sales over the extended weekend did not increase from last year. That’s the first time in nearly a decade. Black Friday sales saw store traffic surge 48-percent from last year’s pandemic-hit level.
You’ve heard about efforts to lower gas prices by dipping into the strategic oil reserves. Something along those same lines is happening in Canada, except this time, over maple syrup. The country’s cartel is planning to dip into its strategic reserves to boost supplies after a spike in sales. The Federation of Quebec Maple Syrup Producers plans to release 50-million pounds of syrup from its stockpile.
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