Jobs outlook still bleak for small businesses
-
Dr. Jeffrey R. Cornwall Guest blogger
The economy continues to languish while the politicians blame each other and business owners continue to wait for signs that things are really going to improve.
The big word for many entrepreneurs is uncertainty.聽 It is not only uncertainty about when a true recovery will begin, but also uncertainty about things such as tax rates, regulation, and global economic instability.
While the Intuit Small Business Index shows continued weak improvement, other surveys show business owners to be more cautious.
The latest report from the NFIB is more of the same.
鈥淛uly looked a lot like June in terms of job growth鈥攏amely, it was negative鈥�. said chief economist for the NFIB William C. Dunkelberg. 鈥淥n balance, July looks like a repeat of June, few jobs and no change in the unemployment rate. So far, it has turned out to be a cruel summer of dashed hopes for meaningful job creation.鈥�
SurePayroll鈥檚 Small Business Scorecard shows that month-over-month, hiring remains flat and the average paycheck is down.
鈥淪mall business owners are optimistic by nature and they know that if you have a good idea you can take advantage of the lower costs in this economy and be successful,鈥� said SurePayroll CEO and President Michael Alter. 鈥淪till, we need more incentives for investors to back startups and less tax burdens on small businesses.鈥�
