On Tuesday morning, some new data points about the labor market came. The start of the January job and the labor business report From the department of labor and Hope index on small business in February From the National Federation of Independent Business.
The latter found that many businesses are still having difficulty filling open positions. But the former found that from the same time last year, the start of the job has decreased by almost 9 % – a sign that the tough labor market is loose.
He said, this economy still has a lot of uncertainty, which is weighing on business services. Take a men’s clothing store in New York, Roth Men.
Over the past year, sales were strong. Co -President Ken Gaden said he was hopeful in 2025 and intended to hire two new positions.
“And then last week or more, we have forced us to think a little about it …” he said.
Gaden said what Ruth Men sold imports a lot of clothing. Therefore, he is concerned that the Donald Trump administration’s new taxes will make this dress more expensive.
Then there are recent days of stock market gears, which he said he could keep his customers on the edge.
“We sell clothes, which is not something that is necessary, and if you are not feeling good about your portfolio, or worried about what is happening in the big picture, which can sometimes slow you down,” he said.
As a result, Gaden said he was renting both of them. “Sometimes you have to raise the flag of caution so that you can take a little breath and see what’s going on,” he said.
Meanwhile, in Ohio, Heather Wheeling, which runs a marketing company called Gain Communication, is watching similar caution in some of its clients.
“In a non -profit place, in the place of education, construction and property are definitely caution in the development,” he said.
Whaling said it affects the decisions to hire him. She has already brought three people this year and is planning to get more services. But they Depends on How do his client feel?
“We are still in a situation where we have a person about which I am ready to offer 98 % of the job, but I need to see how another couple’s contracts end at my end before they are committed,” he said.
On the Plus side, Wheeling said it was easy to find a new fare. Also along with Randy George, co -owner of the Red Hin baking company in Vermont.
“Really, really, since we have advertised and really heard from great applicants,” he said.
George said the bakery is in the middle of a new building, which is almost doubled than its current location.
Nevertheless, its business will be affected by revenue on Canadian flour. So whatever happens to a big economy, “I won’t be surprised if we look at our business in the next four years.” “But we also look ahead.”
When business is expanded, George expects staff.
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