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
“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.