The Wall Street Journal says hiring momentum among small businesses reversed course last month following eight months of modest growth, a national report released Wednesday shows. Businesses that employ fewer than 50 workers cut 14,000 jobs, as did businesses with between 50 and 499 workers, according to payroll company Automatic Data Processing Inc. and consultancy […]
At Small Bizs, Hiring Slips Read More »
WJRT-TV reports that a Mid-Michigan mother and son decided unemployment was not for them. That’s why they started their own business a year ago. In May 2008, Sue Leja was laid off from her job as vice president of sales for a clock company. Her son Nick graduated from Kettering University a few months later.
Mom And Son Create Their Own Jobs Read More »
I would like to dedicate this Labor Day holiday to the 14.9 million women and men who, through no fault of their own, lost their jobs in the economic downturn. I’ve been there. I feel your pain. Days upon days looking for a job. Just looking for a job becomes a job, a non-paying job.
The Washington Post reports that the number of babies born in the United States has dropped for the second year in a row, according to new federal statistics released Friday that provide more evidence that the nation’s economic troubles are affecting the birth rate. Provisional data for 2009 found that an estimated 4,136,000 babies were
U.S. Birth Rate Falls, Possible Effect Of Recession Read More »
The Louisville Courier-Journal is reporting that Elvis is back in the building – and economists suggest it may be a sign of better economic times ahead. Elvis is a dipstick, of sorts, for our economy,” Doo Wop Shop manager Rob Baker said. “The party business is coming back. People are not thinking twice about having
Elvis Is Back In The Building Read More »
The New York Times is reporting that for six weeks, a group of people have been engaged in an unusual project in Bedford-Stuyvesant that they are calling the Brooklyn Free Store, where everything is available for the taking and nothing is for sale. The name of the store is painted on a purple banner hanging
In This Store, Everything Is 100% Off Read More »
The Wall Street Journal is reporting that America’s baby boomers–those born between 1946 and 1964–face a problem that could weigh on the economy for years to come: The longer it takes for the economy to recover, the less money they’ll have to spend in retirement. Policy makers have long worried that Americans aren’t saving enough
Another Threat to Economy: Boomers Cutting Back Read More »
According to The Orlando Sentinel, the Discover Small Business Watch in July found that 75 percent of small business owners surveyed believe it is likely or highly likely that the economy will slip into another recession before it fully recovers. A total of 58 percent of small business owners rated the economy as poor, up
Double-Dip Recession? Small Bizs Think So Read More »
Inc.com reports that a new study shows that less than one in 10 small businesses believe the recession is over. The Quarterly Economic Pulse Survey, conducted in July by financial services market research firm Barlow Research, reveals that 14 percent of small businesses are less than 50 percent confident they’ll still be in business by
Recession Cost Small Bizs $2 Trillion Read More »
With the number of jobless Americans still on the rise, a startup company in Atlanta wants to be the tiny fish that feeds the multitude by offering all of them a source of income. Is it legal? Yes. 2PONS Magazine, a printed coupon publication, launched its “Now Hiring 15 Million” website last week and plans
Now Hiring 15 Million! Read More »
