Government shutdown hurt both employment and economic growth

according to a Gallup poll released last Thursday. employer-government-shutdownAn average of 35 percent of workers said their employers were adding jobs; 17 percent said they were losing colleagues. The 18-point variance, which Gallup calls its “Job Creation Index,” is three points lower than in September, and is the lowest measure since March. From May to September, the index was relatively stable and at its highest levels since before the 2008 financial crisis. Employees in both the public and private sectors contributed to the low score. But federal, state, and local government workers reported that the hiring situation soured the most for them. Both government and non-government workers reported a less positive hiring situation during the shutdown than before it began. Now that Congress has reached an agreement to end the shutdown, at least for the next several months, the question is how quickly the effects the shutdown had on Americans’ economic attitudes and behavior will dissipate.]]>

You May Also Like

Check out these additional posts from Mind Your Business.

MYB is happy to be apart of Hendersonville’s inaugural Random Acts of Kindness Week

HENDERSONVILLE-The partners behind LoveHendo are happy to announce that the week of February 8th through February 13th will be known as Random Acts of Kindness Week. The initiative will be in support of Hendersonville’s non-profit community. Local Businesses will be able to select a non-profit to support during Random Acts of Kindness week.  The businesses will be…
Read More

3 Ways to Support Women-Owned Businesses

October was National Women’s Small Business month. As a certified women-owned small business, it was important for us to reflect on the inequities that still exist in business.  The pandemic has put a large strain on women-owned businesses and especially minority women-owned businesses.  Now more than ever, it is important for us to look at…
Read More

MYB featured in Capital at Play Magazine

 Mind Your Business (MYB) was honored to be featured in Capital at Play Magazine’s August Issue.  In the article Karen Caruso, Founder/CEO of MYB, discusses how she got her start in the background screening industry and her experience with government contracting. Karen says, “Most people in WNC are surprised to learn that a company like…
Read More

Quality and Precise Results, On Time!

Let us know about your screening needs to get a custom quote. We work with businesses big and small as well as the government. Which means we have a package of solutions for your organization as well.