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Friday, June 15, 2012

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.

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3 comments:

  1. Always On WatchFriday, June 15, 2012 10:04:00 pm

    I may join these ranks in September if my homeschool classes don't get enough enrollment. **sigh**

    ReplyDelete
  2. EpaminondasSaturday, June 16, 2012 11:34:00 am

    THAT IS ME, PEOPLE.
    A year?
    AYFKM?

    ReplyDelete
  3. PastoriusSaturday, June 16, 2012 2:50:00 pm

    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.

    ReplyDelete