Tag Archives: percent

U.S. economy loses 33,000 jobs after hurricanes, first decline in seven years. But unemployment falls to 4.2 percent

Widespread flooding caused by Hurricane Harvey in La Grange, Tex. (Ralph Barrera/Austin American-Statesman/AP) The U.S. economy lost 33,000 jobs in the aftermath of Hurricanes Harvey and Irma last month, the first decline since September 2010. The unemployment rate declined slightly to 4.2 percent, the lowest since February 2001. Analysts had been expecting job growth to slump in September after the one-two punch ... Read More »

Report: Small Business Job Creation Down .02 Percent as Wages Continue to Rise

Small business job growth in the U.S. has slowed for the sixth straight month as wages for these jobs continues to rise. That’s according to the latest Paychex | IHS Small Business Employment Watch for August. August 2017 Small Business Employment Statistics The Small Business Jobs Index did show a slight dip that was negligible. The index across the country declined ... Read More »

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakesthat may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and business finances. Downsides of Using the Same Bank Account for Business and Personal While it may seem easier to consolidate all ... Read More »

64 Percent of Small Businesses Can’t Track Printer Usage or Costs — And They Really Should!

Almost two thirds, or 64 percent, of small businesses can’t track how much their print devices cost them nor can they track their usage. And if you are not able to track these basic stats in your business, you will not know how much is being wasted. The How to Optimize Your IT Budget With Smarter Document Management (PDF) report and The State ... Read More »

Small Business Job Growth is .70 Percent Slower Than Last Year

The latest Paychex | IHS Markit Small Business Employment Watch  reports the pace of small business job growth has slowed for the fifth consecutive month. It’s .70 percent slower than July of last year. That puts the numbers under a nationally established baseline for growth for the first time in six years. However, wages seem to be increasing at a decent rate across the country. ... Read More »

95 Percent of Small Businesses Are Focused on Tax Relief, Survey Says

Tax relief is on top of U.S. small business owners’ wish lists. NWYC Q2 2017 Small Business Sentiment Index That’s according to the Q2 2017 Small Business Sentiment Index from National Write Your Congressman (NYWC). The survey found an overwhelming majority of small businesses (95 percent) saying they would like Congress to act on tax relief and simplification. Small Businesses Want the Government ... Read More »

U.S. Economy Grew At 2.6 Percent Rate In 2nd Quarter

Cars on a dealer lot in Pittsburgh. Consumer spending helped drive economic growth in the 2nd quarter to more than double first quarter GDP. Gene J. Puskar/AP The U.S. economy grew at an annual rate of 2.6 percent between April and June. It was nice comeback from the tepid 1.2 percent annual growth rate of the first quarter and more ... Read More »

40 Percent of Small Businesses Have Had Cash Flow Issues Within the Last Year

Small businesses have a tough time managing money and payments, a study has found. According to research conducted by WePay, an online payment service provider, 41 percent of businesses report having experienced cash flow challenges. Sixteen percent say they have experienced payment fraud — just in the last year. Small Businesses Cash Flow Issues and Payment Challenges Cash flow issues seem to have ... Read More »

23 Percent of Millennial Entrepreneurs Value Influence Over Personal Wealth

When it comes to fundamental goals, 23 percent of entrepreneurs in their 20s cited becoming more influential or having a positive impact on their communities. It’s a considerable increase over the 13 percent of entrepreneurs over 50 who say the same. The data shows a considerable difference in values between two generations of entrepreneurs,  says the 2017 HSBC Private Bank: ... Read More »

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakes that may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and business finances. Downsides of Using the Same Bank Account for Business and Personal While it may seem easier ... Read More »