Job losses loom as small business struggles to compete with bigger employers. The share of new small businesses that fail to get funding, and of those that do not, rose from 21 percent to 28 percent, according to NERA. Business loans in the U.S. dropped 20.3 percent over the next six months to $4.2 trillion from $4.5 trillion, with some 20 percent of loans going to businesses that could not access banks and 20 percent to smaller lenders, according to a report from the Federal Deposit Insurance Corporation (FDIC). Fitch, the ratings agency, says “U.S. business lending is generally strong, but some companies still lack adequate financing, making loans harder for individuals and businesses.” That’s not all, however. The rate of economic recovery slowed sharply during 2011—from 3.6 percent to 2.2 percent, and job growth was down from a peak of 23 percent in July 2010. Job g우리카지노rowth for December 2012 was a disappointing 0.9 percent—down from 1.6 percent in 2011. A record number of Americans were unemployed, while the number of those who were looking for work—those who are actively looking for jobs, or looking for work but aren’t looking—was up by 13,700, or바카라 13.3 percent, in the three months through the end of December.
In 2010, there were more than 40 million people with no job and no plans to find one in the next three months.
All that economic growth that’s gone missing from these recovery stories is also missing in the growth of employment in small businesses—the people the Obama Administration has tried to help out with the tax cuts. That growth, in turn, could help put up more jobs, helping the recovery by lifting up more of the labor market, especially those without jobs, that need help getting back into the labor market. But that’s another story. The recovery is supposed to boost job growth. And that’s what Obama and카지노 사이트 his Treasury Secretary Jack Lew and their staff are promising. They’re not promising to make sure the banks hold their money—their banks won’t lend their money out to small and medium-sized businesses—and that the Federal Reserve won’t continue to boost the economy with more cheap borrowing or through quantitative easing. But they do, in fact, promise that, if given the chance, Obama will do these things, without any new stimulus.