• SOURCE: The Hartford

To Hire or Not to Hire

ID

353178

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.mp3 audio package
Transcript
ANCHOR LEAD: Recent job reports show the unemployment rate is down but a new study indicates that small businesses owners are still reluctant to hire. Brian Osuch has the story. (:60) SCRIPT: Newsbreak, I'm Brian Osuch. According to The Hartford's fourth annual Small Business Success Study, 77 percent of small business owners feel successful about how their business is operating but sixty-seven percent have not hired in the last year. Gene Marks, best-selling author and small business owner, thinks this can be traced back to the recent downturn in the economy… CUT: (Marks) Most small business owners like me still have the recession very much in our minds and the success study found that 55% of us are still considering ourselves very much financially conservative when it comes time to spending our money. SCRIPT: According to Marks this risk-averse trend that's putting a hold on hiring can be damaging for the economy in general. CUT: (Marks) Small businesses themselves employ more than 50% of all the people that are out there in the U.S. and they generate 75% of new jobs every year… so the success of small businesses really does mean the success of the U.S. economy. SCRIPT: For more on the study visit TheHartford.com/successstudy. That's newsbreak from The Hartford.
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