State claims actually took a dive in January after numbers were determined to 330,000 claims, which is lower than it has been in some time according to the Labor Department since 2008 for unemployment claims.
Questions are now beginning to appear regarding the drop in unemployment claims as to what is next. Employers are still concerned regarding small business taxes as they have every right to be. A question more discomforting to many is will any more employers be further considering the idea of layoffs in the near future? Of course, that specific question cannot be answered as no person has a crystal ball yet it would be fair to say employers may not need to take that action provided taxes do not increase.
The debt ceiling is another area of concern to many business owners. Why this area is of concern is the more spending the higher debt will increase and the more taxpayers will be affected at the end of the day. In essence, the higher the debt ceiling the more money is removed from one’s weekly pay to make up the difference.
Lastly, even though there was an addition of 155,000 jobs in December 2012 it was not merely enough to shake the percentage tree or raise any type of popularity contest making others smile. There are still millions without employment in the public sector and nothing is being done about it. When will this issue be resolved is a larger question which does not seem to have a resolution as of yet.
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