Job creation in November bounced back, with 227,000 jobs created, after coming to a standstill in October.
Read MoreCommentary: Confidence That Trump’s Economy Is Returning Fueled the Latest Strong Jobs Report
Tag: Small Businesses
America’s Largest Retail Group Says Holiday Shopping Sales to Grow More Slowly
The largest retail group in the country says it expects consumers to spend more this holiday season, but the growth in sales will be slower than last year.
The National Retail Federation (NRF) said its 2024 forecast shows winter holiday spending is expected to grow between 2.5% and 3.5% over 2023.
Read MoreSmall Businesses’ Uncertainty Hits New High, Survey Finds
American small business uncertainty hit an all-time high and optimism remains low just weeks before Election Day, according to the latest survey.
The National Federation of Independent Businesses on Monday released the survey, which showed small business uncertainty rose last month to the highest level ever recorded by NFIB.
Read MoreSmall Businesses Worry About Inflation, Survey Shows
Small businesses cite inflation as their number one concern, according to new survey data.
The National Federation of Independent Businesses released the survey results Tuesday, which show that 21% of small business owners cite inflation as “the single most important problem in operating their business,” more than any other issue.
Read MoreWashington State County Approves Unincorporated Minimum Wage Hike, Ties National High
The King County Council has approved an ordinance that will increase the minimum wage in unincorporated parts of King County.
The legislation increases minimum wage to a high of $20.29, which ties the cities of Tukwila and Renton for the highest minimum wage in the nation.
Read MoreMajority of Small Businesses Say Colleges are Failing to Prepare Gen Z for the Workplace, Survey Shows
A recent survey conducted by RedBalloon and PublicSquare found that a majority of small businesses believe colleges are failing to prepare Gen Z for the workforce and that nearly half of small businesses said that a college degree has zero value in their hiring decisions.
Read MoreIncreased Crime Cutting into Small-Business Earnings, Survey of Owners Finds
One-third of small-business owners say increased crime is cutting into their earnings, and 7 in 10 grade President Joe Biden’s performance negatively in terms of helping small businesses, a new poll finds.
Pollsters John McLaughlin and Scott Rasmussen conducted the survey, along with the Job Creators Network Foundation in March, among 400 small-business owners. When asked about their sentiments regarding the state of the economy, 46% of small-business owners said the economy is getting worse, while just 27% said it’s getting better.
Read MoreCommentary: Biden EPA’s Latter-Day Prohibition Targets Auto Industry
Not since Prohibition has the federal government sought to ban a product as popular as the internal combustion engine.
This week, the Environmental Protection Agency released its final emissions standards rule, requiring that 70% of new vehicle sales be pure battery-powered electric or hybrids by 2032.
Read MoreRampant Crime Takes Toll on America’s Small Businesses, New Survey Reveals
Nearly one-third of small business employers in January said that crime has raised everyday business costs, according to a Job Creators Network Foundation (JCNF) poll obtained exclusively by the Daily Caller News Foundation.
Around 31% of small businesses surveyed in January said that neighborhood crime has increased business costs through added expenses associated with extra security or stolen inventory, with employers in the western U.S. being the most likely to say they were affected at 35%, according to the poll. Businesses with $100,000 to $250,000 in revenue in a year were the most likely to say that neighborhood crime has increased business costs, with 53% saying yes, followed by businesses with less than $100,000 in revenue at 47%.
Read MoreCommentary: New Biden Labor Dept. Rule Likely to Hurt Millions of Small Businesses, Independent Contractors
Some 99% of American companies are small businesses, and 100% of businesses started out small, but a recently finalized rule from the Biden administration’s Labor Department will make it harder for small businesses to start, grow and succeed.
As of last May 1, a White House news release pointed out, “Young firms, which often start small with few employees, are a driving force in job creation.” That’s been particularly true since the COVID-19 pandemic, as small businesses with fewer than 50 employees have accounted for a growing share of new jobs.
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