See where entrepreneurs have been active…Comments »
That face is young, sometimes dumb, but most certainly unemployed. With nothing to do why not tea party or #OWS.
Patience will wear thin as growth can not be had by papering over problems. This will also hurt the previous generation as they try to help their kids with what financial means they have saved for retirement.Comments »
“Today, The Small Business Authority released the findings of their SB Authority Market Sentiment Survey. The survey is a monthly window into the concerns of independent business owners. This month, over 2,600 respondents were polled on the topic of hiring and employment. A key finding was that 67% of business owners do not plan on hiring in the next 6 to 12 months. Additionally, 58% of business owners do not hire recent graduates. When looking at the current 8.2% unemployment rate, 26% of business owners believe that the rate will be higher on Election Day in November, while 40% think it will be lower and 34% believe it will remain unchanged…”Comments »
“Planned job cuts increased by 7.1 percent to 40,559 in April from March, the latest job cut report released by outplacement firm Challenger, Gray&Christmas showed on Thursday.
From the same month a year ago, job cuts were up 11.2 percent and so far this year the number of job cuts has increased by 9.8 percent to 183,653.
But despite the year-on-year increase, the monthly average in the first four months of this year is below the 12-month average of last year, the report pointed out.
April’s job cuts were led by the education sector, with a total of 9,027 planned cuts, up 142 percent from March as school districts continue to be under pressure to cut costs amid massive state and local budget deficits. But the pace of downsizing in the sector fell 32 percent from a year ago, the report added…”Comments »