Everyone was braced for bad economic news following the disappointing unemployment numbers of last week. However, the week may be ending on a good note following J.P. Morgan’s earnings report.
Catherine Ross, Gazelle Index VP, said on CBS Morning Show, “To those who say ‘I’ve already paid for this,’ (i.e. the highway systems) my answer is, ‘Sometimes you have to pay to keep what you have,”
Overall 12.3% more small businesses will be hiring than will be cutting jobs during the first quarter. The largest job gains will occur in information technology, management and administrative services, health and education, and wholesale. .
The Gazelle Index Survey indicated that 26.6% of small businesses iwould hire during the first three months of 2012 while only14.4% of small businesses indicated they would reduce hiring. The survey results are consistent with national economic data.
