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Health Costs, Government Regulations Curb Small Business Hiring

Gallup Economy (02/15/12) Dennis Jacobe

Some 85% of U.S. small-business owners say they aren’t hiring. The reasons include not needing additional workers (76%); concerns about weak business conditions, including revenues (71%); the overall U.S. economy (66%); and cash flow or ability to make payroll (53%). Furthermore, almost half of small-business owners cite potential health care costs (48%) and government regulations (46%) as factors. A quarter are not hiring because they are concerned they may go out of business within the next year.