"Economy" Posts
Labor picture remains mixed, as layoffs increase despite more jobs being added
Despite better-than-expected GDP numbers to close out the year, recent job reports point
to a spike in layoffs, with numbers trending their highest for January since the Great
Recession of 2009. Outplacement firm Challenger, Gray and Christmas reported that U.S.
employers announced 108,435 layoffs for the month of January, an increase of 118% from
one year ago, and a 205% jump from December 2025.
At the same time, companies have announced just 5,306 new hires, also the lowest for
January since 2009.
“Generally, we see a high number of job cuts in the first quarter, but this is a high …
The Cash Paradigm
…Whether you are new to business and just setting foot on your first mountain or you are an experienced climber, this mountain, this economic crisis, is the highest peak we will likely face in many generations of business. But in the end, it is still just another mountain to be climbed.
As a country, we are now in the second phase of what will likely be four phases of the current economic crisis, each phase worse than the one before. Therefore, it is imperative that everyone, particularly small business owners, understand the economic playing field on which we presently find …
Take Action Now
Does federal policy at a national level truly affect your business in any meaningful way? Most small business owners say that federal policy proposed by the White House or proposed and enacted by the House has little or no direct impact on their businesses if they are in an industry not affected by governmental regulations. While it is understandable that some business owners might think this way, clearly this is not the case.
Let’s take the current policy views being forwarded and implemented in regard to our energy and environmental issues. While it would be easy to digress into our …
Irrationally Rational
If we are going to turn these economic times into an opportunity, maybe we need to be irrationally…rational.
As a business owner, you currently find yourself in trying times. As such, do you bury your head in the sand and hope the storm will blow over, or do you take action and try to turn it into an advantage? If you plan to turn these economic times into an opportunity, then you must be willing to take a sober look at the playing field you find yourself on and how you have been conducting your operations. You must be willing …