Wednesday, February 4, 2015

Small Business Change

     Andrew Soergel wrote that the National Employment Report and Intuit’s Small Business Employment and Revenue Indexes released that small businesses are hiring at  lower rate than last year. Nearly 37,000 less jobs were created in January than in December; however, these reports also show that employees are being paid more in small businesses.
     These reports indicate a change in our small business economy that can be viewed as its cheers and jeers. If less people are able to find jobs, the unemployment rate will increase. On the contrary, if more people are being paid more, they will have the ability to invest their money in the stock exchange to help boost our economy.

Link: http://www.usnews.com/news/articles/2015/02/04/small-business-job-growth-slows-but-hours-earnings-up?int=a14709

1 comment:

  1. These statistics are really hard to figure out if they're actually useful or not because I'm sure a fox would say jobs are way down and CNN would talk about how much higher people are being paid. I think even in a whole year its difficult to tell if there is a legitimate change happening or if its just numbers fluctuating.

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