Fox Nation:
23% Of Small Business Owners Went A Year Without Pay
by William Bigelow
Barack Obama has said the private sector is doing fine.
Tell that to small business owners; a new survey by Citigroup shows that 23% of small business owners have gone more than a year without pay. The study also says that 54% of them have gone without at least one paycheck; 38% of them said their employees had worked overtime without being compensated; and 18% of them had been unable to make a paycheck for their employees at least once.
During recent years, 78% of the owners have taken less profit, 70% have been working more hours, and 69% have used their own funds in order to keep their businesses afloat.
23% Of Small Business Owners Went A Year Without Pay
by William Bigelow
Barack Obama has said the private sector is doing fine.
Tell that to small business owners; a new survey by Citigroup shows that 23% of small business owners have gone more than a year without pay. The study also says that 54% of them have gone without at least one paycheck; 38% of them said their employees had worked overtime without being compensated; and 18% of them had been unable to make a paycheck for their employees at least once.
During recent years, 78% of the owners have taken less profit, 70% have been working more hours, and 69% have used their own funds in order to keep their businesses afloat.
Labels: MR
3 Comments:
I may join these ranks in September if my homeschool classes don't get enough enrollment. **sigh**
THAT IS ME, PEOPLE.
A year?
AYFKM?
Wait, if you don't get paid, doesn't that mean you are not employed?
Hmm.
Add another few million to the ranks of the unemployed.
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