It’s the economy, so why are employers not hiring and still shedding workers? Let’s look at recent developments.
Unemployment benefits extended, again. Who pays for those people not to work? Employers!
Unemployment insurance rates that employers must pay per employee have increased to astronomical rates because congress continues to extend benefits; costs for employing are up.
Minimum wage continues to increase do to electioneering antics by congress. Unemployment for youth and minorities (people entering the work force) is at record levels; costs for employing are up.
Employer’s payment of Social Security benefits looks like an upward trend here, also; costs for employing are up.
Government intervention in your business via ethnic diversity, OSHA and the IRS or any other tax division when a current employee becomes disgruntled and decides to make his employer suffer; costs for employing are up.
Asked by Anonymous at 10:43 PM on Mar. 23, 2010 in Politics & Current Events
Answer by Anonymous at 10:45 PM on Mar. 23, 2010
Answer by 29again at 11:09 PM on Mar. 23, 2010
My husband started his business in December of 2007. He's not doing great, but in many ways we are a lot better off than we were when he was working for someone else. He has much more flexibility and I am now able to work full-time because of that. We figure, if he can get his business established and keep it going through these tough times, then things will be just fine later. Of course, he no longer has an employee. He had to let her go, and now I help him when I can. We are different though, he is an accountant and he can do all the work on his own (though it was easier to get more done with an assistant). I don't think I would want to start up anything that relied on hiring a good number of people.
Answer by Anonymous at 11:15 PM on Mar. 23, 2010
Answer by Anonymous at 11:44 PM on Mar. 23, 2010
Answer by grlygrlz2 at 11:46 PM on Mar. 23, 2010
Answer by lilystar at 11:56 PM on Mar. 23, 2010
Answer by LiliM at 2:22 AM on Mar. 24, 2010
Answer by jewjewbee at 7:32 AM on Mar. 24, 2010
Still in business and have brought back my employees this month. I am small and minority (female) owned so I am not hurting at all. 100% of my work/business is based on government work and contracts.
Answer by emptynstr at 7:55 AM on Mar. 24, 2010
Next question overall
(Just for Fun)
are there any young women on here fighting breast cancer?