While the latest job numbers released today aren’t as good as they were earlier this year, the country is still adding private sector jobs. And small businesses are once again leading the way. According to the ADP National Employment Report businesses with 1-49 employees accounted for 48.7% of the new jobs. That compares to businesses […]
Small business delivers again Read More »
Today workers from around the world will be celebrating International Workers Day. May Day is a traditional day for unions to educate the public about the rights of workers. My late father was a union member in Western Pennsylvania where he worked for a power company climbing utility poles most of his life. His union
There are approximately 12,600 registered lobbyists in Washington (including one of the newest– Supreme Court justice Antonin Scalia’s son Eugene). Spending on lobbying activities last year was about $3.3 billion according to the Center for Responsive Politics. Much of all this lobbying power has recently been aimed at convincing our elected and non-elected officials that
Look who wants more regulations Read More »
Driving home yesterday evening I received a pleasant surprise. In the last several days the gas station that I usually frequent had let its gas price rise by 6 cents a gallon in the last few days. For several weeks the price had stayed the same—an indication that I hoped meant gas prices had stabilized.
Today President Obama is scheduled to sign the JOBS Act, legislation that has received both enthusiastic support from the business community and scorn from regulators and consumer organizations. So what is the reality? Well, the JOBS Act is deserving of both praise and scorn. First the praise. Contained in the Act is a provision for
Hope and danger in JOBS Act Read More »
BloombergApril 3, 2012 By Deborah Solomon The phrase “job-killing regulation” has become a standard part of the political lexicon this campaign season, most often used to disparage President Barack Obama‘s energy and environmental policies. But a new report suggests we ought to take claims of regulatory-related unemployment with a grain of salt. The Institute for
Killing the “Job-Killing Regulation” Meme Read More »
The Affordable Care Act turns 2 today (read my op.ed here) while we all wait for the Supreme Court hearing on the constitutionality of the individual mandate to start next week. More on that on Monday. Yesterday was a big and surprising victory in the U.S. Senate. The CROWDFUND Act that we, the American Sustainable
Happy B-Day ACA and Success in U.S. Senate Read More »
Small businesses once again led the charge in creating new jobs in February. According to the Bureau of Labor Statistics, 227,000 new jobs were created last month, higher than what economists had anticipated and following 243,000 being added in January. This is third month in a row of over 200,000 new jobs being added to
Small businesses do it again on jobs Read More »
The economy is getting better. I don’t have to rely on the monthly jobs reports, the next being this Friday, to tell me that. I can just look at my fax machine. Prior to the Great Recession, I would receive probably 1 or 2 unsolicited faxes a day promoting vacations, loans, insurance, etc. When the
Two recent news stories have challenged the universal belief that small businesses are the job creators. An AP story on February 17 was titled, “The Truth is That Small Businesses Are Not Good At Creating Jobs.” Seven days later a New York Times story’s heading said, “Small Companies Create More Jobs? Maybe Not”. But before
Reputation of small business job creation intact Read More »
