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February 3, 2006

Small Business: When No. 1 Has a Hard Time Hiring a No. 2

NY Times: As the job market tightens many owners of very small businesses find they cannot compete with the salaries and perks offered by larger companies.

Posted by eubie at 9:48 PM permalink

The squeeze on American pocketbooks

The Christian Science Monitor: Several government reports this week tell the story. For the first year since the Great Depression, the personal savings rate went negative in 2005. Pay and benefits, meanwhile, rose just 3.1 percent last year - the lowest rate since 1996 and not enough to outpace a 3.4 percent jump in the consumer price index.

Posted by eubie at 8:19 PM permalink