News
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Small Business Trends in 2012: Rough Forecast
Small businesses had better be prepared to bring on their ‘A’ game next year. One in seven marginally successful businesses recently polled said they will be pushed to the brink and may close if their revenues drop drastically over the… Read More
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Congress Must Repeal the HIT
Lurking deep within Obama’s health care law is a little-known tax that is threatening the vitality of America’s biggest provider of private sector jobs. The Health Insurance Tax, or HIT, is a job-killing time bomb. It has already been passed… Read More
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Repeal Health Tax to Create Jobs
With unemployment persistently hovering around 9 percent, Congress and President Barack Obama must pursue policies for economic growth and job creation. Washington could provide businesses much-needed certainty and address the job crisis by repealing the president’s partisan $2.6 trillion health… Read More
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Shopping Locally Will Improve Economy
The economic challenges Americans face today are comparable to those during the Great Depression. Unemployment is around 9 percent and the uncertainty of college students finding their dream jobs after graduation is another harsh reality. Even though the recession that… Read More
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Study: Pa. Small Biz to Lose Jobs, Revenue Due to Health Tax
Pennsylvania’s small businesses stand to lose 2,200 jobs and $1 billion in sales revenue by 2021 because of a health insurance tax, according to a study recently released by a national research foundation. The National Federation of Independent Business Research… Read More
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Political Uncertainty Bad for Business, Fed Researchers Find
It’s a familiar refrain these days among business owners and policy wonks – uncertainty in Washington isn’t good for business. I’ve heard it many times among big businesses and small ones. You may have heard it, too, and may share… Read More
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Obama Jobs Bill Ignores Basic Principle of Job Creation: Small Businesses Create All the Jobs
Imagine that you’re President Obama and one of your economic advisers tells you that you can create millions of jobs without raising or cutting taxes and without any additional spending. Now imagine that same adviser telling you that you already… Read More
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Unemployment Rate Drops, Barnstable Sheds Jobs
The unemployment rate in Massachusetts dropped to 7.3 percent in September, according to the Executive Office of Labor and Workforce Development. This marks the state’s lowest unemployment rate since January 2009. Nationally, the unemployment rate is at 9.1 percent and… Read More
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Unemployment Holds Steady; Job Growth Flat
Maine’s unemployment rate remained steady in September at 7.5%, the Maine Department of Labor reported Friday. Meanwhile, a separate analysis shows job creation didn’t measure up to expectations this year. The preliminary seasonally adjusted rate was little changed from the… Read More
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City’s Unemployment Rate Stays at 8.7%
Even with the return of more than 8,000 Verizon workers who had been striking, New York City did not add enough jobs last month to lower the unemployment rate, which remained at 8.7 percent, the State Department of Labor reported… Read More