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Small businesses face hiring challenges when competing with enterprises

Small business owners are more than happy that the state of the US economy has become relatively stable recently, but the lower nationwide unemployment rate does come with one drawback attached for this sector: more competition for hiring. This means that SMBs are butting heads with larger enterprises, and the disparity of resources available to sweeten an … Continue reading Small businesses face hiring challenges when competing with enterprises

Job growth in the small business sector

Job growth is up nationwide, but a disproportionately large number of new hires are coming from the small business sector. This development suggests strength in SMBs, even when large companies may not necessarily be experiencing such stability.  Small businesses are out-hiring enterprises  The Washington Post writer Amrita Jayakumar wrote that of the 223,000 jobs that were … Continue reading Job growth in the small business sector

Employment improvements transcend jobless rate reduction

The small business sector has been on a tear of sorts throughout the past few years, not only helping to significantly reduce the unemployment rate following the Great Recession, but steadfastly increasing output and boosting gross domestic product as a result. Positive impacts in the economy can be difficult to trace back to just one … Continue reading Employment improvements transcend jobless rate reduction

New survey reveals high hopes among entrepreneurs

Small businesses have continued to be major forces in the employment arena throughout the past several decades, and with the jobs situation in a better place than any other time since the recession, entrepreneurs appear confident in their abilities to sustain these gains. Should these types of improvements continue for a few more years, the … Continue reading New survey reveals high hopes among entrepreneurs

Small business hiring plans heal in March

Hiring and jobs have been two of the most widely discussed topics among government regulators, business leaders, economists and others since the Great Recession first struck, as evidenced by the verbiage involved in presidential debates and other major events. With commercial lending returning to normalcy and banks lending more to small business owners, the jobs … Continue reading Small business hiring plans heal in March

One major staffing concern many entrepreneurs overlook

Small business owners, especially when they are launching their first corporate endeavor, have to learn a lot in a very short period of time – this is just part of being a leader in the private sector. What many startup-level entrepreneurs will begin to realize quite quickly is that staffing and employee management can be … Continue reading One major staffing concern many entrepreneurs overlook