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Thursday, December 14, 2006

Small Business Hiring

From Dr. Jeff Cornwell comes this great news:

Almost one out of five small businesses plan to hire new employees over the next three months, according to the latest survey from the NFIB.

With the exception of the "dot com" boom, the survey indicated the highest job-creation level in its history: during the next three months, 18 percent plan to create new jobs, while only 6 percent plan reductions, yielding a seasonally-adjusted net 19 percent (net 12 percent seasonally unadjusted) planning to create new jobs. Job-creation plans are positive in all industries.

In addition to these new job openings being planned, more than 50% of the small businesses surveyed report trying to fill existing positions. But, they continue to report difficulties, with 80% report few or no qualified applicants.

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