U.S. Chamber of Commerce survey results just in (July 11, 2011)
Small business executives are reluctant to hire in this bad economic outlook.
- 64% of small business executives surveyed said they were not expecting to add to their payrolls in the next year.
- 12% planned to cut jobs, according to a U.S. Chamber of Commerce.
- 19% said they would expand their work forces.
These survey results come after a Labor Department report this past Friday that showed that unemployment rose to 9.2%.