Recovery of small businesses in the U. S. from the recession was very slow. Most of the job losses during the end of 2009 were seen in small businesses. According to the statistics of labor department, 61.8% of job losses were seen in the fourth quarter of 2009 in the private sector. About 54.1% of [...]
Tag Archives: Economy
Job Losses in Small Businesses in USA Due to Recession
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Filed under Small Business
Feb 14, 2011
Financing to Small Businesses in U.S Goes Up: Paynet Inc. Survey
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According to the latest survey reports released by Thomson Reuters/PayNet Small Business Lending Index, there is an increase of 2% in the borrowings by small businesses in U.S, in July. As per the data released, in August, there is an increase in U.S consumer confidence and hence home prices gained more than expected. The above [...]
Filed under Small Business
Jan 4, 2011
US Small Business After Crisis
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Small businesses in United States suffered a lot during 2007-2009 recession. As per a recent Deutsche Bank research survey, small businesses are showing an improvement in employment. The key strengthening for the nascent US small business recovery is by improved sales outlook and access to financing. Small businesses have been slow in recovering because of [...]
Filed under Small Business
Nov 25, 2010
Economy Recovery is Still Fragile for Small Firms to Hire New Staff: FSB
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The unemployment in UK as increased to 2.5 million. As per FSB Voice of Small Business Index, small firms are recovering but are not in a position to increase the staff. According to a survey of 1,400 members of the Federation of Small Businesses, about 63 percent of small businesses expressed that they will keep [...]
Filed under Small Business
Nov 4, 2010
Low Consumer spending is the Top Concern of Small Businesses in UK
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According to a survey of businesses in UK, the biggest problem faced by small businesses is less customer spending. About 20 percent of the business owners who were polled by the Business Link for its Business Confidence Index mentioned that there was a fall in consumer spending and it is the major concern for the [...]
Filed under Small Business
Oct 21, 2010
Census Bureau: US Lost 104,000 Business Firms in 2008
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According to the US Census Bureau, US businesses with paid employees lost almost 104,000 firms in 2008 which brought the total number to 7.6 million. Nevertheless, the number of people employed increased to 121 million. Businesses added approximately 300,000 employees to their payrolls. In County Business Pattern 2008, detailed annual information on the number of [...]
Filed under Small Business
Sep 4, 2010
Impact of e-commerce on the worlds Economy
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Growing information and communications technology (ICT) leads to growth in e-business trend. This e-business has major macroeconomic impact on the economy and it could be justified with evidence of empirical studies. Evidence from empirical studies, showed the impact of ICT on productivity and national economic growth. This is presented along with discussion of e-business, which [...]
Filed under Business
Jun 11, 2010
G-8 Group Pledge For Double Aid To Africa
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The G8 is a group of developed countries like Britain, Canada, France, Germany, Italy, Japan, Russia and the United States .All these nations of G-8 group promised to step up cooperation against Africa’s poverty. For this goal they pledged to double the donation amount to Africa by 2010. The G8 agreed on the need for [...]
Filed under Society
Mar 14, 2010
Poor Struggle More Due To Financial Crisis
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The impact of global financial crisis is going to hit the poor harder than other people. They are going to face problems of hunger, sicker, and unemployment due to the present global financial crisis. And this time the developed nations may not come to rescue because they themselves have major troubles to deal with. The [...]
World’s Rich Nations To Rescue Africa
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Do you know that two-fifths of Africa’s population still live on less than $1 a day, the continent has 12 percent of the world’s population but accounts for just 1 percent of global gross domestic product, and its volume of external trade represents just 2 percent of global trade. And there are much more things [...]