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20110904
eros_zz
3906 33
2011-09-04
Why Government Incentives Won't Spur Much Hiring

Small business owner Bill Thompson says he doesn't need a government plan to get him to hire more workers—what he needs is for the economy to get back on track.  

"I really don't need incentives. What I need is for there to be activity going on and I'll go out and get the business," said Thompson, who heads a family business called Thompson Pump in Port Orange, Florida.
At the start of the year there had been some cautious optimism among economists and businesses that improving momentum in the U.S. recovery would coax companies into hiring in larger numbers.

But the recovery has slowed to a crawl, and consumer and business sentiment has eroded along with it. The drop in confidence appears to have fed through to the already anemic labor market. Data on Friday showed the economy created no new jobs in August.  

"There is still an abundance of caution," said Rob McGovern, chief executive of Jobfox, a social network recruiting website. "In January, corporate leaders were thinking they were out of the woods. Now, everyone's afraid they're going back into the woods."

The collapse in hiring will throw an especially bright spotlight on a new jobs plan President  Obama will announce next Thursday. A top White House aide told Reuters Insider on Friday that the plan will provide "meaningful" tax relief and include a strategy for helping the nation's long-term unemployed.

But analysts argue incentives will provide only a short-term boost, if any, to corporate hiring and that a broader long-term plan to rein in budget deficits and support demand would ultimately have more impact.

With small- and medium-sized businesses making up the lion's share of America's jobs, there are expectations Obama's plan could include incentives to get mom and pop shops hiring.

"Small business is where America works," said William Dunkelberg, chief economist at the National Federation of Independent Business.

The challenge, said Dunkelberg, is that many small businesses are in the service sector, which has been badly hurt by weak consumer spending. While an extension of the payroll tax cut would put more money in people's pockets, they are unlikely to dash out and spend while they're worried about the possibility of another recession.

As long as consumers remain frugal and the direction of the economy looks uncertain, companies are going to be in a hiring holding pattern.

"The fundamental problem is firms don't see demand for their product," said Joel Prakken, chairman of Macroeconomic Advisers LLC, which jointly developed the ADP private employment report.

"If they don't think they can sell the product that a new hire would produce, it would have to be quite an amazing incentive to convince them to do otherwise."

Business owner Thompson echoes that sentiment. His company has cut nearly 100 jobs since 2006 and now employs 266 people. He said the cuts have been handled mostly through attrition, but there have been some layoffs.

"It used to be you would almost automatically replace a person and fill a position," he said. "Now whenever we have a person leave, we do a complete re-evaluation of the need and job requirements and activity level."
Even now, smaller businesses have been hiring at a faster pace than their larger counterparts, though it is still not enough.

Small companies that have under 50 employees have led employment growth this year, according to data from ADP's National Employment Report.

From the beginning of the year to August, small businesses added 603,000 workers to their payrolls, while medium-sized companies with 50 to 499 workers have added 508,000 jobs.

In contrast, companies that employ 500 or more people have added only 45,000 jobs in that timeframe. The economy would have to create 150,000 jobs a month just to hold the unemployment rate steady.

Still, there are pockets of strength. In some specialized industries, such as technology and accounting, companies can't find enough people with the skills they want, labor market experts say.

"If you're a traditional advertising expert, it looks like the Depression to you," said McGovern. "If you are a social media expert, there's probably five open jobs for every three people."

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longyuanxbc
2011-9-4 01:11:25
每期都看，还会有论坛币送，感谢楼主啊
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muhouxiaotian
2011-9-4 06:39:39
momentum
动力, 冲力, 势头
The style prevails and picks up momentum.
这式样很流行, 而且越来越流行。
coax  
哄, 用好话劝说
She coaxed her son into going to school.
她哄儿子上学。

crawl

爬, 爬行; 徐缓而行
We learn to crawl before we learn to walk.
我们学会走路之前先要学会爬。
巴结, 奉承

erode
侵蚀, 腐蚀
The coast is slowly eroding.
海岸正慢慢地被侵蚀。
The sea erodes the rock.
海水侵蚀岩石。



不是工作难找。而是自己能力太低。达不到工作的需要。于是才有失业的说法。我觉得是这样。









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骆驼祥子
2011-9-4 08:15:54

Sentiment n. 感情，情绪；观点；情操；多愁善感

Eroded adj. 被侵蚀的，损坏了v. 侵蚀；损坏（erode的过去分词形式

Anemic adj. 患贫血症的，贫血的

chief executive行政长官；董事长；美国总统；（美国的）州长

out of the woods出森林；脱离险境；脱离困境

tax relief 税收减免

holding pattern.停滞状态

for Small business owner,they need the economy to get back on track,in face of  weak customer and business confidence .

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zdy3214567
2011-9-4 08:24:35
谢谢楼主分享，我也在看
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少司祭
2011-9-4 08:38:01
跟着学习！！！！
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