July 19, 2013 |
Half of small businesses said they would cut full-time employee's hours or replace them with part-time workers in order to avoid paying for health insurance under President Obama's healthcare law, according to a recent survey from the U.S. Chamber of Commerce. Despite the Obama Administration's one-year delay of the employer mandate to 2015, small businesses said it would negatively affect their staff, and only 30% said they were prepared for its implementation. Because of the healthcare law, about 27% intend to cut hours to reduce full-time employees, 24% plan to reduce hiring and 23% expect to reduce full-time staffers with part-time workers to avoid having to comply with the mandate.
June 20, 2013 |
WASHINGTON - The Supreme Court, in its latest ruling to bar class-action claims against big corporations, blocked restaurant owners from joining together to sue American Express Co. over high credit card fees. In a 5-3 decision Thursday, Justice Antonin Scalia said American Express can use its arbitration agreement to squelch the class-action claim from the restaurants, even if the dominant credit card company is violating antitrust laws and the class suit is the only affordable way to raise the claim.
June 6, 2013 |
Small businesses added 58,000 employees in May with overall private-sector employment increasing by 135,000, according to the ADP National Employment Report. The number of jobs added is up from 49,000 in April, but down from 72,000 in March. Last May the number of jobs added was about 50,000, ADP said. Establishments with one to 19 employees grew by 37,000 and those with 20 to 49 employees grew by 21,000. Most were in the service sector, according to the report. In Los Angeles, small-business owners were optimistic about the future, according to a report from Bank of America released last week.
June 5, 2013 |
More than two-thirds of small businesses believe federal and state laws should prohibit employment discrimination against gay and transgender people, according to a national poll. The survey from the Small Business Majority, a national small business advocacy organization, also found that 63% believe an employer shouldn't be able to fire or refuse to hire someone who is gay, lesbian or transgender if it conflicts with their religious beliefs. Another 6 in 10 small business owners said laws that protect against discrimination can improve their revenues because these kinds of laws help employers attract the best and brightest employees.
CALIFORNIA | LOCAL
June 5, 2013 |
SACRAMENTO -- Californians' views on the economy continue to improve despite persistent misgivings about the state's overall direction, according to a new USC Dornsife/Los Angeles Times poll. Forty-nine percent of registered voters said the economy is starting to improve, up 3 percentage points from the last poll in March. Just 26% said they expected the economy to worsen, down three points in the same time period. However, 50% said the state remains on the wrong track. “They might not be satisfied with where the state is right now, but they're increasingly optimistic,” said Dan Schnur, director of the Jesse M. Unruh Institute of Politics at USC. “These voters are not discouraged or distraught like they were a few years ago.” Gov. Jerry Brown is the beneficiary of voters' better view of the economy, Schnur said.
May 30, 2013 |
In the last year, more U.S. small businesses were giving employees the boot rather than hiring, a recent survey found. The Wells Fargo/Gallup Small Business Index survey reported a net hiring index of -12 in April, down from -9 for the same period the previous year and down from -10 in January. The quarterly analysis surveyed 603 small business owners. Net hiring has remained at similar levels since January 2011, but is up from the low of -27 reported in January 2010, Dennis Jacobe, Gallup chief economist, said in a statement.