NFIB Small Business Optimism Index: +1.7 to 92.9, vs. consensus of 91.5, 91.2 in July. The...

NFIB Small Business Optimism Index: +1.7 to 92.9, vs. consensus of 91.5, 91.2 in July. The employment indicators and capital outlays and expectations for business conditions improved substantially. The percent of owners viewing the current period as a bad time to expand due to political uncertainty reached a new record high of 22%.
Comments (4)
  • Kopey
    , contributor
    Comments (15) | Send Message
    After clicking the link and reading the report it remains readily apparent that small business is still hurting tremendously. The so-called substantial improvement in business conditions read like this......we sank like whale waste and now we are ten feet higher and can see clearly again. No one is really hiring and isn't that the point of all the stimulus, etc.?


    Don't hold your breath waiting for this sector to bail us out of the jobless recovery anytime soon folks.
    11 Sep 2012, 11:41 AM Reply Like
  • SanDiegoNonSurfer
    , contributor
    Comments (4760) | Send Message
    An interesting statistic from this report: "Forty-nine (49) percent of the owners hired or tried to hire in the last three months and 37% reported few or no qualified applicants for open positions."


    Maybe instead of asking "where are the jobs" we should be asking "where is the job training".
    11 Sep 2012, 11:47 AM Reply Like
  • Kopey
    , contributor
    Comments (15) | Send Message
    SanDiegoNonSurfer you hit the nail on the head.


    But, with the election coming, our politicians unwilling to define themselves in any material way, the stimulus down the drain, and many not qualified to work in the jobs that are out there, some 3-4 million by all accounts, it doesn't look like a recovery is in the cards anytime soon.


    A recent gathering in Rhode Island offered up a pretty solid idea. Why not pay unemployment benefits to the employer to retrain workers they need while giving both sides a chance to recover together. Never going to happen, but it was interesting to read about and is directly to your point.
    11 Sep 2012, 01:16 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
    "no qualified applicants" is specious. Every one of those employers claiming such ought to be quizzed on the details of exactly why they rejected all candidates.
    11 Sep 2012, 04:16 PM Reply Like
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