Why Small Businesses Aren’t Hiring… and How to Change That

Despite the economic progress driven by business performance since the recession, the country has not recovered jobs at the same pace. Job growth, while improving, is slow by post-recession standards: The New York Times reported last year that percentage change in payroll, from business cycle trough to business cycle peak, averaged from all previous recessions, is 15%. For the current recovery it is 2%. By contrast, in an average recovery, corporate profits rise 38 percent from trough to peak.

Read the source article at Harvard Business Review

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