The NFIB said 11% of the owners it surveyed in August planned to create jobs in the next three months. 12% plan to cut jobs, and 77% plan no changes.
The group said those readings are at the low levels seen during a recession. It predicted that the “unemployment rate could ease a fraction or remain unchanged” at 9.1 percent. According to the NFIB survey, only 7 percent of business owners expect business conditions to be better six months from now. Forty-one percent expect them to be worse, and 52 percent expect them to be unchanged.
If you are looking for ways to streamline your company’s costs and beef-up your bottom line, contact the LL Roberts Group (toll free) at 877.878.6463 and find out of a PEO can save you and your employees money!