Health Costs, Gov't Regulations Curb Small Business Hiring

Tuesday, February 21, 2012

Health Costs, Gov't Regulations Curb Small Business Hiring

Nearly half of small-business owners name these issues

by Dennis Jacobe, Chief Economist

PRINCETON, NJ -- U.S. small-business owners who aren't hiring -- 85% of those surveyed -- are most likely to say the reasons they are not doing so include not needing additional employees; worries about weak business conditions, including revenues; cash flow; and the overall U.S. economy. Additionally, nearly half of small-business owners point to potential healthcare costs (48%) and government regulations (46%) as reasons. One in four are not hiring because they worry they may not be in business in 12 months.

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Jim Young

Sabot Development, Ltd

jyoung@sabotdevelopment.com

512-565-7509