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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who started this subject3/9/2004 12:56:26 AM
From: CalculatedRisk  Read Replies (1) of 110194
 
Fewer small businesses plan to hire
Mon Mar 8, 6:11 AM ET USATODAY.com
story.news.yahoo.com

By Jim Hopkins, USA TODAY

Small businesses, the engine of U.S. job creation, are retreating on hiring plans - magnifying the jobless recovery.

The share planning to hire fell to 13% last month in a survey of 567 small firms out Friday. That was down from 17% in January, the National Federation of Independent Business trade group said.

Even the weak hiring plans may be too rosy. For most of the past year, small firms failed to add employees despite earlier plans, NFIB data show.

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