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…
Small businesses lose more jobs
Small business jobs continue downward trend. Down 23,000 jobs in June and 52,000 in May. Where are the national headlines????
Opinion: May’s employment data is worse than we think
The Hill June 12, 2019 By Frank Knapp Jr., Opinion Contributor The recently released Department of Labor May report on employment revealed a shocking number: New jobs last month rose by only 75,000, dramatically below expectations. Even worse, the number of new jobs created in March and April were revised…
Good, bad news on our state economy
Lexington County Chronicle June 6, 2019 By Jerry Bellune South Carolina ranks 34th of 50 states in overall economic health. Yet it is 6th highest of all states in imports. That’s a sign that what we make and sell in other countries brings more money into our economy. These are…
How’s that trade war working out for us?
2018 saw the Trump Administration start trade wars with other nations, principally with China, under the premise that the U.S. trade deficit was too large. China is also accused of forcing U.S. companies to transfer their technology to the Chinese in order to do business in that country. China is…