Though overall unemployment has reached 9.8%, hiring by small businesses is up almost 2% year to date according to SurePayroll’s Small Business Scorecard monthly survey. It is important that we clarify this glimmer of good news by clarifying that the increase is largely due to the fact that independent contractor hiring is up 14% year to date. But we will take any good news right now.
Click here to view the full SurePayroll Small Business Scorecard.
When big corporations fail and bring the economy to its knees, it is often the far more agile small businesses that learn to adapt and to survive. I am not really surprise at the figures. I also feel that entrepreneurship will flourish in such circumstances when the traditional career paths are dead.
But news overall aren’t good, 9.8% is just the tip of the iceberg. If we take into consideration the discouraged workers, the jobless rates may be far higher.
Well, my husband works for now Saturn. Not sure if it still exsists….A tree fell on our home last week and I have major medical issues and my doctor is a idiot. Life can’t get much better. I
live in Michigan and winter is comming fast. Ahh
life, gotta love it.