Posted 09-11-2022 at 13:02:54 [URL] [DELETE]
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Hey, KJP says we are not in a recession, so....
...why are a huge number of small businesses saying they are putting hiring on hold, and a significant number reducing staff since July????
The small business network company Alignable released the results of a survey Wednesday. It found that 63 percent of its members reported putting hiring on hold “because they can’t afford to add staff, and 10% of that group is laying off workers.”
“This decline is quite significant, as it’s 18 percentage points higher than it was in July (at just 45%),” the report added.
“Beyond that, the percentage reducing their staff jumped from 6% to 10% this month from just 4% in July.”
The poll queried 5,618 small business employers from Aug. 13 of this year through Sept. 6.
With the Orwellian Biden regime redefining words to cover for their disastrous policies, it will be interesting to see how ole KJP spins this as we go forward.