NEW YORK (2/4/15)--Job openings may feel a bit of a crimp in 2015, as a recent survey from Newtek Business Services Inc., The Small Business Authority, found that 75% of business owners plan to keep payrolls the status quo this year.
Newtek is a CUNA Strategic Services strategic alliance provider.
"Spurts of economic strength such as the recent GDP number and the U.S. dollar as compared with other currencies are countered by recent weak corporate earnings as well as the recent decline in durable goods orders," said Barry Sloane, Newtek chairman and president/CEO.
"Small businesses in general continue to be apprehensive regarding growth and new hires. Despite an illusionary falling unemployment number, the total number of employed Americans continues to be a lackluster economic statistic with no trend reversal in sight."
The SBA Market Sentiment Survey, which polled more than 1,400 independent business owners, also found that 23% of businesses have plans to hire more staff.
Only 2% plan to trim the number of employees on payroll.