Employment

(Community Matters) Kauffman Foundation Jobs Study: Starting Smaller; Staying Smaller: America’s Slow Leak in Job Creation.

The United States appears
to be suffering from a long-term leak in job creation
that pre-dates the recession and has the potential
to persist for an unknown time. The heart of the
problem is a pullback by newly created businesses,
the economy’s most critical source of job creation,
which are generating substantially fewer jobs than
one would expect based on past experience.

US Chamber of Commerce report suggests small business will play a limited role in recovery.

Sixty-four percent of small-business executives said they had no plans to expand their payrolls in the next year, according to a Chamber of Commerce report due to be released Monday, The Wall Street Journal.

Another 12 percent said they plan to cut jobs, while 19 percent said they expected to add employees.

n June, the NFIB released a report showing that optimism among small business owners had declined in March, April, and May of this year. According to the report, only 5 percent of those surveyed viewed the next three months as a “good time to expand.”

Can’t help believing if our political parties were able to strike a long term deal for deficit reduction inclusive of revenue enhancement and investments confidence & jobs would bounce back

Hat Tip: Huffington Post