The Small Business & Entrepreneurship Council (SBE Council) said May's jobs numbers are not surprising given flawed government policies that continue to jack up business costs and fuel uncertainty. The unemployment rate increased to 9.1 percent, and employers only added 54,000 jobs last month according to the U.S. Department of Labor. "Energy and health care costs are rising, and additional policy uncertainties remain a drag on small business confidence. The central barrier to business … [Read more...] about Poor Job Numbers Reflect Grim Policy Outlook
SBE
SBE Comments on Latest Employment Numbers
Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), issued the following statement on the February jobs data: "Finally, we have a month in which all of the major jobs numbers moved in a positive direction. The payroll survey showed employment up by 192,000 in February. Particularly interesting, the private sector added 222,000, while the public sector cut 30,000. "Meanwhile, the household survey, which better captures start up and … [Read more...] about SBE Comments on Latest Employment Numbers
SBE Council Economist on Latest Inflation Numbers
Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), offered the following statement in reaction to the CPI inflation numbers just released by the U.S. Bureau of Labor Statistics: "According to the Bureau of Labor Statistics, CPI inflation over the past year registered only 1.5%. However, it's very much worth noting that during 2010, there was a substantive difference between the first half and second half of the year. "During the first six … [Read more...] about SBE Council Economist on Latest Inflation Numbers
