Last week, the Labor Department released its quarterly Business Employment Dynamics data for the second quarter of last year. During that quarter, gross job gains from opening and expanding businesses totaled 6.9 million, while gross job losses from closing or contracting businesses totaled 6.2 million. For the quarter, we saw a net job gain of [...]
By the second quarter of last year, everybody’s jobs numbers were looking a bit better, with the notable exception of the largest firm size class, according to the 2Q 2009 Business Employment Dynamics data released by the Bureau of Labor Statistics (BLS) last week. The 2Q dynamic jobs numbers show that the evident beginnings of [...]
It is often quite difficult to figure out how the nation’s small businesses are doing at any given moment in time. You can talk to a few small business owners to ask them but that only gets you anecdotal evidence. You might turn to the added formality of the National Federation of Independent Business’s monthly [...]
Regular readers may recall the many times I’ve mentioned that, during the last recession, microbusiness employers with fewer than five employees continued to create jobs throughout ten of the twelve calendar quarters during which larger firms experienced labor market declines. In other words, it appeared that microbusiness employers were able to cushion the shock of [...]
Here’s a question for you microbusiness employers out there: what would you think of a plan proposed in Congress that would require you to set up a payroll direct deposit into an IRA for as many of your employees as wanted it? Of course, we want to encourage people to save for retirement but, as [...]
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from The Journal Blog