Newly minted jobs are crucial, as small business have historically been the engine that fuels economic growth, according to Bill Vernon, the state director of the
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“Companies under 100 people employ half the people in Massachusetts,” said Vernon. “They create the jobs. If they’re not creating the jobs and not doing well, I just don’t think the economy can grow.”
There’s evidence that life for small businesses is getting a touch easier. In May, the Index of Small Business Optimism added 1.6 points to reach 92.2, the best results since September of 2008, when there was a reading of 92.9, according to the NFIB.
The May report also notes, however, that the index is still in “recession” territory and that the entire small-business sector is in “maintenance mode” not growth — but it’s heading in the right direction.
It was nothing more than a campaign rally masquerading as a jobs celebration. Pure BS.
ReplyDeleteRobin Carnahan, running for Senator on the dem ticket, whined as usual and called for union support and expansion. Last I heard, she's 4-5 points behind in the polls.