MultiBriefs August 23, 2019 By Seth Sandronsky What can small businesses make of booming CEO pay? First, we look at the numbers. Lawrence Mishel and Julia Wolfe of the Washington, D.C.-based Economic Policy Institute dove deep into the data on compensation trends in the U.S. over the past 40 years.…
Business Campaign Launched to Protect Democracy, a patriotic call-to-arms that small businesses are now joining in a unified voice
PRESS RELEASE Date: August 21, 2019 From: South Carolina Small Business Chamber of Commerce Subject: Business Campaign Launched to Protect Democracy Contact: Frank Knapp, President/CEO, 803-252-5733 (w), 803-600-6874 (c), fknapp@scsbc.org Columbia, SC—The South Carolina Small Business Chamber of Commerce (SCSBCC) today launched “Protect Democracy USA”, a campaign to raise the…
How bad did America’s taxpayers get screwed by the 2017 tax law?
The IRS is reporting that taxpayers, individuals and the 90% of small business owners who pay any business profit on their personal taxes, gave Uncle Sam $93 billion more in 2018 compared to 2017. The reason—the 2017 tax law that gave huge tax cuts to corporations and the uber wealthy.…
National media still doesn’t focus on small business job losses
The Washington Post is reporting that big businesses are pulling back on hiring due to uncertainty about the economy (see below). Still no mention by the national media that small businesses have already been shedding jobs for the last 3 months. From The Washington Post — U.S. businesses have begun…
Opinion: Very Small Businesses Shed 105,000 Jobs Over the Past 3 Months. What’s Going On?
Morning Consult August 13, 2019 By Frank Knapp Jr While the Department of Labor has reported job increases over the past three months, businesses with fewer than 20 employees have lost jobs each of those same months according to the ADP National Employment Report. A total of 105,000 jobs have…
Small businesses nationally shed 105,000 jobs in past 3 months
Hartsville Messenger August 5, 2019 From staff reports COLUMBIA, S.C. – The Department of Labor released its national jobs report last week indicating that the nation added 164,000 jobs in July. The ADP National Employment Report also released a report saying that 156,000 new jobs were added last month. However,…
Nationwide, the smallest businesses shed jobs. Here’s what that might mean in SC
Post and Courier August 8, 2019 By Emily Williams Nationally, businesses with fewer than 20 employees have shed 105,000 jobs since May. File/Staff The smallest businesses in the country have been shedding jobs this summer, and some experts say the drops could be early signs of a slowdown. Businesses with…
How will the Bipartisan Budget Act affect businesses, government?
MultiBriefs August 5, 2019 Seth Sandronsky Now that President Trump has inked the Bipartisan Budget Act of 2019, what does it mean for businesses and the federal government? For one thing, the BBA suspends the national debt limit until after the 2020 election and hikes spending by $324 billion over…
Small businesses nationally shed 105,000 jobs in past 3 months
PRESS RELEASE Date: August 5, 2019 From: South Carolina Small Business Chamber of Commerce Subject: Small businesses nationally shed 105,000 jobs in past 3 months Contact: Frank Knapp, President/CEO, 803-252-5733, 803-600-6874 (c), fknapp@scsbc.org Small businesses nationally shed 105,000 jobs in past 3 months (Columbia, SC) The Department of Labor released…
Opinion: Danger Lurks Beneath National Economic Headlines
GazetteXtra (Janesville, WI), July 11, 2019 Inside Sources, July 11, 2019 Waco Tribune-Herald, July 14, 2019 by Frank Knapp Jr. Two economic stories received big headlines the week of July 4. The Dow Jones industrial average hit a record high and the economy added 224,000 jobs in June. On the…