Few Businesses Sprout, with Even Fewer Jobs
- Submitted by: Sportsjay6
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- Category: Politics: Economics
- Date Submitted: 02/13/2011 11:30 AM
- Pages: 3
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Running head: FEW BUSINESSES SPROUT
Few Businesses Sprout, With Even Fewer Jobs
Few Businesses Sprout, With Even Fewer Jobs
The article that I chose to read and research was called Few Businesses Sprout, With Even Fewer Jobs written by Justin Lahart. The article discusses how there are a few small businesses that have recently popped up into the business world, which for our economy could be good, if only the new businesses offered more jobs, which would be ideal for job growths and innovation. As we have all heard about in the news, etc. we know that our country is in an economic downfall, and with majority of the companies having to fire the majority of their employees the only way to move on from this situation would be to provide more jobs for the people who are currently unemployed. A statement that was in the article that I read which would prove that our economy is trying to make more jobs readily available is that “in the early months of the economic recovery, start-ups of job-creating companies have failed to keep pace with closings, and even those concerns that do get launched are hiring less than in the past. The number of companies with at least one employee fell by 100,000, or 2%, in the year that ended March 31, the Labor Department reported Thursday” (Lahart, 2010). The question that is on everyone’s mind is, is there a way to dig us out of this rut that we have gotten ourselves into?
The article goes on to discuss how smaller businesses opening up is having an impact on the economy by roughly making 2.3 million jobs available, but the only problem is for how long? Recently, I was watching the news and they had done research and surveys in regards to how smaller businesses have no chance at surviving in this economy today, so if the smaller jobs are providing a lot of jobs but not being able to stay in business what is the point of spending thousands of dollars to open a business to potentially find failure? Due to the economic downfall and...
Few Businesses Sprout, With Even Fewer Jobs
Few Businesses Sprout, With Even Fewer Jobs
The article that I chose to read and research was called Few Businesses Sprout, With Even Fewer Jobs written by Justin Lahart. The article discusses how there are a few small businesses that have recently popped up into the business world, which for our economy could be good, if only the new businesses offered more jobs, which would be ideal for job growths and innovation. As we have all heard about in the news, etc. we know that our country is in an economic downfall, and with majority of the companies having to fire the majority of their employees the only way to move on from this situation would be to provide more jobs for the people who are currently unemployed. A statement that was in the article that I read which would prove that our economy is trying to make more jobs readily available is that “in the early months of the economic recovery, start-ups of job-creating companies have failed to keep pace with closings, and even those concerns that do get launched are hiring less than in the past. The number of companies with at least one employee fell by 100,000, or 2%, in the year that ended March 31, the Labor Department reported Thursday” (Lahart, 2010). The question that is on everyone’s mind is, is there a way to dig us out of this rut that we have gotten ourselves into?
The article goes on to discuss how smaller businesses opening up is having an impact on the economy by roughly making 2.3 million jobs available, but the only problem is for how long? Recently, I was watching the news and they had done research and surveys in regards to how smaller businesses have no chance at surviving in this economy today, so if the smaller jobs are providing a lot of jobs but not being able to stay in business what is the point of spending thousands of dollars to open a business to potentially find failure? Due to the economic downfall and...