Job Market Monitor
Small business
US – Small businesses created 108,000 ADP Small Business Employment Report for March 2015 finds
Private sector small business employment increased by 108,000 jobs from February to March according to the March ADP Small Business Report. Due to the important contribution that small businesses make to economic growth, employment data that are specific to businesses with 49 or fewer employees is reported each month and broadly distributed to the public, … Continue reading
Only young businesses – predominantly small – create a disproportionate number of jobs OECD finds
The OECD has embarked on a distributed microdata project, called DynEmp, with the aim of providing a cross-country evidence base for the design of well-grounded policies for employment and growth. The project has produced a new database of micro-aggregated firm-level data on employment dynamics for different groups of firms classified by size, age and sectors … Continue reading
US / Small Businesses Net Hiring Still Negative and Droping
More U.S. small-business owners report letting employees go than hiring them on average over the past year, for a net hiring index of -12 in April, according to the Wells Fargo/Gallup Small Business Index survey. This is on par with -10 in January and -9 in April 2012. These results are from the quarterly Wells … Continue reading
Skills Gap / Tech Startups Worry
More technology start-ups will be looking to hire than at any time in the last four years, says Silicon Valley Bank, but they worry they won’t be able to find the talent they need. Even as most leaders and founders of the firms surveyed by the bank for its annual Startup Outlook report say conditions … Continue reading
Internships / Give them the opportunity to do meaningful work
Every year several million students, career changers and other job seekers get internships in companies large and small. Some of those employers — small ones in particular — won’t offer internships ever again. “It’s just not worth it,” the owner of one small company in the service industry told me. “I wanted to offer people … Continue reading
US / 100 Small Businesses have created more than 73,000 jobs between 2008 and 2011
Small businesses will put Americans back to work. That’s what Eric Schurenberg, editor-in-chief at Inc. magazine, told us. That’s also why he decided to come up with his own list of the top small businesses that are creating the most jobs right now. “The Inc. 500 list has been around since the early 80’s,” Schurenberg said. “So why … Continue reading
The Great Recession other side of the coin: 170,000 small businesses gone in two years
The nation lost more than 170,000 small businesses during the first two years of the recession, according to an On Numbers analysis of newly released federal data. A total of 6.79 million small businesses operated within the nation’s 938 metropolitan and micropolitan areas in 2010, the latest year for which official statistics are available. That … Continue reading
Unemployment insurance: It’s killing small businesses – Baltimore Sun
I run a small business — about 20 employees — in the Baltimore area. We are a manufacturing company in the construction industry. I have worked extremely hard and sacrificed my own pay to keep our people employed over the last five years. I have not had a layoff and had previously earned a low … Continue reading
President Obama proposed a job creation tax credit in his budget, but it is bad policy | Business | TIME.com
A tax credit? For small businesses? To create jobs? And raise wages? Wow! What a great idea! What’s not to like? Quite a bit, in fact. In his fiscal 2013 budget proposal, President Obama has suggested a temporary 10% tax credit designed to spur job creation and wage growth among small businesses. It’s a fine … Continue reading
New Poll Shows Majority of Family Firms Optimistic in Hiring, Retaining Employees in 2012 – MarketWatch
Despite the tough economy, family-owned businesses remain optimistic about hiring and retaining employees, according to the 2012 Family Enterprise USA survey of family firms. The annual survey released today compiles responses from 300 family firm executives from a wide range of industry sectors. 54% of respondents indicated that they intend to hire more workers in … Continue reading
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