Wednesday, February 15, 2012

Gallup Poll: 85% of Small Businesses Will Not Hire This Year

Barack Obama declared from the mountaintop that ‘the economy is growing stronger and the recovery is speeding up.’ But according to a recent Gallup Poll, 85% of small businesses surveyed, stated they will not hire this year:

PRINCETON, NJ -- U.S. small-business owners who aren't hiring -- 85% of those surveyed -- are most likely to say the reasons they are not doing so include not needing additional employees; worries about weak business conditions, including revenues; cash flow; and the overall U.S. economy. Additionally, nearly half of small-business owners point to potential healthcare costs (48%) and government regulations (46%) as reasons. One in four are not hiring because they worry they may not be in business in 12 months.





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