February 19, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Startup News

 

Small Business And Entrepreneurship Council Say Agenda Shifts Needed For More Jobs

Written by Ken Gaebler
Published: 7/8/2011

Although June's jobs report came as a shock to many people, experts say that disappointing job growth figures are in line with expectations.

According to the Small Business and Entrepreneurship Council Chief Economist, June's news for small businesses regarding poor job growth shouldn't come as a surprise.

Time for Change in Economic Policies

"Why are so many people surprised by the abysmal jobs data released this morning?" SBE Council Chief Economist Raymond Keating said. He said that government spending, increased regulation and higher taxes have not helped small businesses grow new jobs.

Figures released today from the U.S. Department of Labor showed that 44,000 fewer jobs were created in April and May than previously thought.

A May 31 SBE Council survey found that 76 percent of small businesses were dissatisfied with economic policies.

Keating said the only way new jobs will come about is if government policy shifts toward substantive and permanent tax relief, good money policy and smaller government. He said no matter how it's looked at, job growth has been "terrible" for June.

On the other side, this week's ADP National Employment Report said that non-farm private payrolls increased by 157,000 in June. This means that employment growth has matched workforce growth. The ADP said small businesses saw an 88 job increase from May to June. 

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Business News for Entrepreneurs

Our journalists cover all aspects of entrepreneurship. Our perspective is all about giving you news you can use to be a successful entrepreneur.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors