Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

Gallup: Despite Economic Optimism, America In A Hiring Slump

June 3, 2013 by  

Gallup: Despite Economic Optimism, America In A Hiring Slump

Any American with a basic understanding of economics must recognize one undeniable truth: Small business is at the heart of the Nation’s economy. And according to a recent Wells Fargo/Gallup poll, the country may be headed toward a flatline.

The poll indicates that a majority of American small-business owners report that they are letting more employees go than they are hiring due to a number of economic factors beyond their control. A net hiring index of -12 was reported for April; that’s fewer hires than January, with a hiring index of -10, and April 2012, when the same poll illustrated a hiring index of -9. The most dismal hiring numbers were reported in January 2010, according to Gallup, when it dipped all the way to -27.

Unfortunately, American small-business owners were fooled by reports of economic turnaround in the past several months; many of them expected to add jobs if the economy allowed. Employers’ earlier recorded hiring intentions stood at +6 for April, according to the poll.

From Gallup:

[F]our in 10 small-business owners say they have held back on hiring, and one in five owners say they have let employees go, due to the healthcare costs associated with the Affordable Care Act. As implementation of the law continues, the number of small-business owners who take these steps could increase.

Further, Gallup’s Payroll to Population (P2P) measure is no better at the end of the third week of May than it was in May 2012. In turn, the lack of improvement in this overall job measure suggests that many small businesses — the key drivers of job growth — are not doing a lot of hiring of full-time employees, consistent with their April hiring intentions.

The polling organization reports that other polls show that American small businessmen continue to report an optimistic outlook for the economy, but the optimism simply isn’t, to this point, reflected in hiring-enabling business growth.

Sam Rolley

Staff writer Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After learning about many of the biases present in most modern newsrooms, Rolley became determined to find a position in journalism that would allow him to combat the unsavory image that the news industry has gained. He is dedicated to seeking the truth and exposing the lies disseminated by the mainstream media at the behest of their corporate masters, special interest groups and information gatekeepers.

Facebook Conversations

Join the Discussion:
View Comments to “Gallup: Despite Economic Optimism, America In A Hiring Slump”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at

  • Don miller

    Of course it’s in a slump corporate America is hoping and praying that the immigration bill is gonna pass so they hire all the minimum wage workers they want and then they can tell all us hard working americans that had worked ourselves up to a decent wage finally.and when got their corporate America jerked the rug out from underneath us and wanted to start all over again with wages that might have been good or decent 65 years ago well when the price of things we need to purchase don’t go down only up who loses the ones that always do let the high payed CEOs and politicians support their families on 10.00 or 12.00 dollars an hour unthinkable no its always we the people who have to pay for everyone’s mistakes up to and including major corporations what did general motors do to us even after they got bailed out with taxpayers money and us Americans are the very people that made them what they are they put their Cadillac plant in china and said thanks America I understand businesses have to make money to survive but so do the ones that made that company great they abandoned us how ungrateful now we the people should return the favor aren’t all of you out there just a little tired of that game I know I am and we are the only ones who can change it not your government take control people without us there nothing GM’s car prices went up every year didn’t they well then so should ours remember our parents working themselves into early graves for companies like this and couldn’t even afford the product they made to that doesn’t make good sense but they did it then they got us and made us do the same crap well that noise needs to come to a grinding halt they got wealthy and took it all w


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.