http://www.cheezhead.com/2009/08/11/small-biz-still-bearish/ Insight and opinion from the world of employment. Fri, 13 Nov 2009 04:01:22 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.cheezhead.com/2009/08/11/small-biz-still-bearish/comment-page-1/#comment-119356 Michaela Tue, 11 Aug 2009 16:49:42 +0000 http://www.cheezhead.com/?p=7899#comment-119356 Joel, I saw this on CNBC and was going to send it to cheezhead so I'm glad you saw it and posted it. Here's my take: Yes, optimism is still up but does that indicate that the abundance of good news about the economy means we are fast climbing out of this recession? A ten point decline (from 6 months ago) in small business owner confidence thinking the economy would be better by now is a pretty steep drop. Since small businesses aren't ready to commit money for hiring means to me that small business unemployment isn't going to get much lower than 9.1%. The impact, I think, could mean that small job boards already struggling to stay in business will get hit especially hard. Joel,
I saw this on CNBC and was going to send it to cheezhead so I’m glad you saw it and posted it. Here’s my take:
Yes, optimism is still up but does that indicate that the abundance of good news about the economy means we are fast climbing out of this recession? A ten point decline (from 6 months ago) in small business owner confidence thinking the economy would be better by now is a pretty steep drop. Since small businesses aren’t ready to commit money for hiring means to me that small business unemployment isn’t going to get much lower than 9.1%. The impact, I think, could mean that small job boards already struggling to stay in business will get hit especially hard.

]]>